On September 4, ASMPT fell 3.15% in regular trading to HKD 156.8, with turnover of HKD 233 million. The decline extends recent selling pressure driven by a gap between the company's two reporting metrics and short-term profit-taking.

On the earnings front, ASMPT reported H1 adjusted net profit from continuing operations of HKD 973 million, surging 230.5% year-over-year. However, following the divestiture of its NEXX business in June, consolidated adjusted net profit came in at only HKD 806 million, with the discrepancy between the two figures continuing to draw market scrutiny over the impact of the asset disposal. Meanwhile, major shareholder The Capital Group reduced its stake by 1.7558 million shares in late July at approximately HKD 133.25 per share, lowering its holding from 9.17% to 8.75%, further weighing on sentiment.

Additionally, the stock had accumulated gains exceeding 20% in August, fueled by strong Q2 results and robust Q3 guidance, leaving residual profit-taking pressure. Multiple brokerages maintain bullish ratings, with target prices ranging from HKD 191 to HKD 310, all significantly above current levels.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)