Movement Alert|ASMPT Falls 3.25% in Regular Trading, Capital Group Cuts Stake to 7.54% Triggering Profit-Taking

Market Focus
Yesterday

On September 10, ASMPT fell 3.25% in regular trading, trading at 163.5 HKD/share, with turnover of 17.53 million HKD, giving back the prior session's over 6% rally.

On the news front, exchange filings show The Capital Group Companies, Inc. sold 1.9491 million shares of ASMPT on September 7 at an average price of approximately 165.36 HKD per share, involving approximately 322 million HKD. The disposal reduced Capital Group's stake from 8.01% to 7.54%. Notably, this marks the institution's second significant reduction in roughly six weeks — on July 29, Capital Group had previously offloaded 1.7558 million shares at approximately 133.25 HKD per share, lowering its stake from 9.17% to 8.75%. In aggregate, the two rounds of disposals total approximately 3.70 million shares worth over 550 million HKD, signaling a sustained de-risking posture by the major institutional holder despite the company's strong second-quarter results, which saw adjusted net profit surge 230.5% year-on-year to 973 million yuan and new orders hit a record 904 million USD.

(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.)

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