ASMPT (00522) fell more than 6%, trading at HK$87.55 by the time of writing, with a turnover of HK$165 million. The company previously announced that its board meeting scheduled for October 28 would review and approve the unaudited consolidated results for the nine months ended September 30, 2025, to be disclosed after market close.

Morgan Stanley recently released a research report forecasting that ASMPT may post a loss in Q3 due to one-time restructuring expenses. However, the bank advised investors to focus on long-term growth drivers, including CoWoS-L capacity expansion, China's high-bandwidth memory development, and hybrid bonding progress.

The report noted that ASMPT’s Q3 revenue guidance midpoint stands at $475 million, reflecting an 11% year-on-year increase. While Morgan Stanley expects revenue to meet guidance, it anticipates a net loss of approximately RMB 69 million, driven by one-time restructuring costs of around RMB 360 million.