On September 11, ASMPT fell 3.03% in regular trading, trading at HK$160.0/share with turnover of HK$13.4756 million, extending the prior session's pullback.

On the news front, Hong Kong Exchange disclosure filings show that The Capital Group Companies, Inc. sold 1.9491 million ASMPT shares on September 7 at an average price of approximately HK$165.36 per share, involving approximately HK$322 million. Capital Group's stake decreased from 8.01% to 7.54%. Notably, this marks the institution's second major reduction within six weeks, following a prior disposal of 1.7558 million shares at approximately HK$133.25 per share on July 29. The two rounds of selling totaled roughly 3.7 million shares worth over HK$550 million, with sustained institutional profit-taking weighing on the stock in the near term.

Despite the selling pressure, ASMPT's fundamentals remain supported by strong Q2 results, with new orders of US$904 million representing a 97.6% year-over-year surge. Guotai Junan International recently assigned an Overweight rating with a target price of HK$233, citing AI and advanced packaging as key growth drivers.

(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.)