Core Viewpoint - The article discusses the potential benefits for Chinese assets, particularly in the context of the Federal Reserve's interest rate cuts and the restructuring of the global monetary system, which may lead to a reallocation of global funds towards China [1] Group 1: Market Performance - On October 15, the Hang Seng Index opened up by 1.08%, and the Hang Seng Tech Index rose by 1.31% [1] - Tech stocks showed signs of stabilization, with ASMPT increasing by over 3% [1] - The Hong Kong Stock Connect Tech ETF (159101) and the Hang Seng Internet ETF (513330) both opened with gains exceeding 1% [1] Group 2: Global Monetary Dynamics - The Federal Reserve's interest rate cuts typically lead to a release of global liquidity, which may benefit Chinese assets, especially amid the current backdrop of global monetary system restructuring [1] - The combination of a depreciating dollar and a reversal in innovative narratives reflects a potential core driver for the current market trends [1] - If managed properly, Chinese assets could benefit from the dual dividends of accelerated fragmentation and diversification of the global monetary system [1] Group 3: Investment Focus - The article expresses optimism regarding the "catch-up" rally in Hong Kong stocks, shifting focus from "takeout narratives" to "AI narratives" [1] - Attention is drawn to the Hong Kong tech and internet sectors, which are seen as gathering core AI assets [1] - The Hong Kong Stock Connect Tech ETF (159101) covers the entire tech industry chain, while the Hang Seng Internet ETF (513330) focuses on leading internet companies [1]

Market Overview - The Hong Kong stock market experienced a significant decline, with the Hang Seng Index closing at 25,441 points, down 1.73%, while the Hang Seng Tech Index fell 3.62%, dropping below the 6,000-point mark [1][2] - Major technology stocks led the market downturn, with semiconductor stocks also suffering substantial losses [2][4] Sector Performance - The technology sector saw widespread declines, with notable drops including Hua Hong Semiconductor down over 13% and SMIC down over 8% [4][5] - Gold and precious metals stocks also fell sharply, with Zijin Mining and Chifeng Jilong Gold both dropping over 6% [6] - The gambling sector continued its downward trend, with New World Development down over 8% and Galaxy Entertainment down over 5% [11][12] - Conversely, banking stocks showed resilience, with Chongqing Rural Commercial Bank rising over 6% and China Merchants Bank up over 4% [13][14] - The film and entertainment sector performed well, with Huayi Brothers Media surging nearly 20% [15][16] Capital Flows - Southbound funds recorded a net inflow of 8.603 billion HKD, indicating continued interest in Hong Kong stocks despite the market volatility [17] Future Outlook - Analysts suggest that the recent escalation in US-China trade tensions may increase market uncertainty, but they remain optimistic about the medium-term outlook for Hong Kong stocks, particularly in sectors like AI, innovative pharmaceuticals, and new consumption [19]

每经AI快讯，10月14日，港股芯片股持续走低，截至发稿，华虹半导体(01347.HK)跌9%，报80.35港 元；上海复旦(01385.HK)跌6.2%，报41.06港元；中芯国际(00981.HK)跌5.4%，报75.9港元； ASMPT(00522.HK)跌3.5%，报86.75港元。 ...

格隆汇10月10日丨ASMPT(00522.HK)宣布，公司董事会会议将于2025年10月28日(星期二)举行，藉以 (其中包括)考虑及批准刊发公司及其附属公司截至2025年9月30日止九个月的未经审核综合业绩公告。 上述公告将于2025年10月28日收市后公布。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全 部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 ASMPT LIMITED （於開曼群島註冊成立之有限公司） （股份代號：0522） ASMPT Limited（「本公司」）謹此宣布，本公司董事會會議將於二零二五年十 月二十八日（星期二）舉行，藉以（其中包括）考慮及批准刊發本公司及其附 屬公司截至二零二五年九月三十日止九個月的未經審核綜合業績公告。上述公 告將於二零二五年十月二十八日收市後公布。 承董事會命 ASMPT Limited 公司秘書 江俊 香港，二零二五年十月十日 於本公告日期，本公司董事會成員包括獨立非執行董事：樂錦壯先生（主席）、 張仰學先生、蕭潔雲女士及許明明女士；非執行董事： Hichem M'Saad 博士及 Paulus Antonius Henricus Verhagen 先生；執行 董事： 黃梓 达先生及 Guenter Walter Lauber 先生。 （本公告之中英文版本如有任何歧義，概以英文版本為準。） 董事會召開 ...

该行又预计，由于日月光投控仍在扩大其CoWoS生产线，并提出多个oS TCB订单，料ASMPT的订单量 将自今年第四季进一步改善。此外，该行预期ASMPT来自中国的传统封装订单亦会增加。 ASMPT(00522)涨超5%，截至发稿，涨5.05%，报94.75港元，成交额9561.22万港元。 野村发布研报称，ASMPT于今年5月底获得一间领先晶圆厂的资格，成为潜在的第二间oW(Chip on Wafer)热压焊接(TCB)供应商，而另一间供应商为K&S。该行认为，ASMPT或已克服障碍，并在不久的 将来正式赢得下一代oW TCB订单。因此，该行考虑到未来订单趋势上升的潜在估值重估，将ASMPT的 目标价由90港元上调至125港元，维持"买入"评级。 ...

We are optimistic about ASMPT's growth potential in TCB tools, supported by growing adoptions in HBM and logic advanced packaging. The migration from HBM3E to HBM4 will drive further applications of ASMPT's TCB tools, with higher requirements for pitch size and accuracy. ASMPT has been engaging with customers regarding TCB for HBM4 manufacturing. Meanwhile, although the company's Book-to-Bill ratio for semiconductor segments remains below 1.0, we see more positive signs, including increasing capex from Chin ...

智通财经APP获悉，ASMPT(00522)涨超5%，截至发稿，涨5.05%，报94.75港元，成交额9561.22万港 元。 野村发布研报称，ASMPT于今年5月底获得一间领先晶圆厂的资格，成为潜在的第二间oW (Chip on Wafer)热压焊接(TCB)供应商，而另一间供应商为K&S。该行认为，ASMPT或已克服障碍，并在不久的 将来正式赢得下一代oW TCB订单。因此，该行考虑到未来订单趋势上升的潜在估值重估，将ASMPT的 目标价由90港元上调至125港元，维持"买入"评级。 该行又预计，由于日月光投控仍在扩大其CoWoS生产线，并提出多个oS TCB订单，料ASMPT的订单量 将自今年第四季进一步改善。此外，该行预期ASMPT来自中国的传统封装订单亦会增加。 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年9月30日 | | | | 狀態: 新提交 | | --- | --- | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | | | 公司名稱: | ASMPT Limited | | | | | | 呈交日期: | 2025年10月2日 | | | | | | I. 法定/註冊股本變動 | | | | | | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 (註1) | 是 | | 證券代號 (如上市) | 00522 | 說明 | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | --- | --- | --- | --- | --- | --- | | 上月底結存 | | 500,000,000 HKD | | 0.1 | HKD 50,000,000 | | 增加 / 減少 (-) | | | | | HKD | | 本月底結存 | | 500,000,000 H ...

| 代码 | 名称 | 涨跌幅 √ | | --- | --- | --- | | 00981 | 中古国际 | 11.06% | | 01347 | 华虹半导体 | 8.63% | | 01024 | 快手-W | 7.92% | | 00285 | 比亚迪电子 | 6.63% | | 09866 | 蔚来-SW | 6.53% | | 09888 | 百度集团-SW | 6.01% | | 09988 | 阿里巴巴-W | 4.35% | | 09618 | 京东集团-SW | 3.25% | | 01211 | 比亚迪股份 -- 百 | 3.18% | | 01810 | 小米集团-W | 3.33% | | 00522 | ASMPT | 3.05% | | 03690 | 美团-W | 2.87% | | 00700 | 腾讯控股 | 2.87% | | 00992 | 联想集团 | 2.42% | 来源：格隆汇APP 格隆汇10月2日｜港股主要指数午后进一步拉升，其中，恒生科技指数涨近4%。成分股中，中芯国际涨 超11%，华虹半导体涨超8%，快手涨近8%，比亚迪电子、蔚来、百度涨超6%，阿里巴巴涨 ...