香港联交所最新资料显示，12月4日，美国资本集团增持ASMPT(00522)61.99万股，每股作价77.9532港 元，总金额约为4832.32万港元。增持后最新持股数目约为4220.79万股，最新持股比例为10.13%。 ...

智通财经APP获悉，香港联交所最新资料显示，12月4日，美国资本集团增持ASMPT(00522)61.99万 股，每股作价77.9532港元，总金额约为4832.32万港元。增持后最新持股数目约为4220.79万股，最新持 股比例为10.13%。 ...

Core Viewpoint - On December 5, the Hang Seng Index rose by 0.58% to close at 26,085.08 points, with a net inflow of HKD 1.341 billion through the southbound trading channel [1] Group 1: Market Activity - The total trading amount for the southbound trading on December 5 was HKD 82.7 billion, with a net buy of HKD 1.341 billion [1] - The Shanghai Stock Exchange's southbound trading had a total trading amount of HKD 47.323 billion, resulting in a net sell of HKD 0.394 billion [1] - The Shenzhen Stock Exchange's southbound trading had a total trading amount of HKD 35.377 billion, resulting in a net buy of HKD 1.735 billion [1] Group 2: Active Stocks - In the Shanghai Stock Exchange's southbound trading, Alibaba-W had the highest trading amount at HKD 3.538 billion, followed by Xiaomi Group-W at HKD 2.751 billion and Tencent Holdings at HKD 2.339 billion [1] - In terms of net buy amounts, Industrial and Commercial Bank of China had the highest net buy of HKD 0.287 billion, with its stock price increasing by 1.77% [1] - Tencent Holdings experienced the highest net sell amount of HKD 0.889 billion, with its stock price decreasing by 0.33% [1] Group 3: Shenzhen Stock Exchange Active Stocks - In the Shenzhen Stock Exchange's southbound trading, Xiaomi Group-W led with a trading amount of HKD 3.753 billion and a net buy of HKD 2.855 billion, closing up by 1.91% [2] - Alibaba-W had a net sell of HKD 1.433 billion, closing up by 0.39% despite the sell-off [2] - Tencent Holdings had a net sell of HKD 0.889 billion, closing down by 0.33% [2]

Core Viewpoint - The Hang Seng Index rose by 0.58% on December 5, with southbound capital recording a total transaction amount of HKD 82.7 billion, resulting in a net inflow of HKD 13.41 billion [2] Group 1: Southbound Capital Transactions - Total southbound capital transactions amounted to HKD 82.7 billion, with buy transactions at HKD 42.02 billion and sell transactions at HKD 40.68 billion, leading to a net buy of HKD 13.41 billion [2] - The Shenzhen Stock Connect saw a cumulative transaction amount of HKD 35.38 billion, with net buying of HKD 17.35 billion, while the Shanghai Stock Connect recorded a cumulative transaction amount of HKD 47.32 billion, resulting in a net sell of HKD 3.94 billion [2] Group 2: Active Stocks - Alibaba-W had the highest transaction amount among southbound stocks at HKD 69.86 billion, but experienced a net sell of HKD 17.76 billion, despite a closing price increase of 0.39% [2][3] - Xiaomi Group-W recorded a total transaction amount of HKD 65.04 billion with a net buy of HKD 30.13 billion, closing up by 1.91% [3] - Meituan-W had a total transaction amount of HKD 17.28 billion with a net buy of HKD 6.07 billion, closing up by 0.97% [3] Group 3: Continuous Net Buying and Selling - Xiaomi Group-W and Meituan-W were among the stocks with the longest continuous net buying days, with 6 and 7 days respectively, and total net buys of HKD 50.66 billion and HKD 28.96 billion [3] - Tencent Holdings and SMIC were notable for continuous net selling, with total net sells of HKD 39.05 billion and HKD 35.68 billion respectively [3][4]

| 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 小米集团-W(01810) | 37.53 亿元 | +28.55 亿元 | | 阿里巴巴-W(09988) | 34.47 亿元 | -14.33 亿元 | | 腾讯控股(00700) | 18.44 亿元 | -5.56 亿元 | | 中芯国际(00981) | 10.32 亿元 | -1549.07 万元 | | 美团-W(03690) | 10.25 亿元 | +6.09 亿元 | | 零跑汽车(09863) | 6.04 亿元 | +3.92 亿元 | | 快手-W(01024) | 5.41 亿元 | -2.57 亿元 | | 中国海洋石油(00883) | 4.88 亿元 | +6206.91 万元 | | ASMPT(00522) | 4.52 亿元 | -4.39 亿元 | | 比亚迪股份(01211) | 4.15 亿元 | +3.39 亿元 | | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 阿里巴巴-W(09988) | 35.38 亿元 | -3.43 ...

Group 1 - Southbound funds recorded a net purchase of HKD 1.341 billion in Hong Kong stocks today [1] - Notable net purchases included Xiaomi Group-W at HKD 3.013 billion, Tracker Fund at HKD 2.606 billion, and Meituan-W at HKD 607 million [1] - Continuous net buying trends were observed for Meituan over the past 7 days totaling HKD 2.89598 billion and for Xiaomi over the past 6 days totaling HKD 5.0656 billion [1] Group 2 - Significant net selling was noted for Alibaba-W at HKD 1.776 billion and Tencent Holdings at HKD 1.445 billion [1] - Semiconductor company ASMPT experienced a net sell of HKD 439 million, while Kuaishou-W and SMIC also saw net selling [1] - The trend of net selling for SMIC has persisted for 12 consecutive days, amounting to HKD 3.56848 billion [1]

ASMPT (0522.HK) Investor Meetings Takeaways Industry and Company Overview - **Company**: ASMPT - **Industry**: Semiconductor Equipment and Advanced Packaging Key Points and Arguments 1. Positive Outlook for 2026 - ASMPT maintains its guidance for 4Q25 with expected revenue between **US$470-530 million** (HK$3.7-4.1 billion) and anticipates a slight quarter-over-quarter increase in bookings. The company believes the worst is likely over for mainstream semiconductor (SEMI) and surface mount technology (SMT) sectors, setting the stage for a solid recovery in 2026 [2][5] 2. Growth Drivers for 2026 - The recovery in 2026 is expected to be driven primarily by advanced packaging (AP), with high bandwidth memory (HBM) demand outpacing chip-to-substrate (C2S) and chip-to-wafer (C2W) technologies. The demand for TCB (Thermal Compression Bonding) is tracking stronger than previously expected, which may lead to an update in the total addressable market (TAM) forecast in early 2026 [1][2][3] 3. TCB Market Position - ASMPT is positioned as a leader in TCB technology, being the first vendor to secure orders for HBM4 and the sole supplier for C2S at a leading foundry. The company has also adopted a fluxless ultrafine pitch TCB solution for C2W, indicating strong competitive advantages in technology and customer relationships [4][5] 4. Traditional Business Stabilization - The traditional SEMI and SMT businesses are stabilizing, supported by global AI applications and a recovery in demand from China. This stabilization is expected to contribute positively to ASMPT's performance in 2026 [5] 5. Financial Projections - ASMPT's revenue is projected to grow year-over-year in 2026, with gross profit margins expected to remain stable at approximately **40%**. The company targets a **35-40%** market share in the TCB segment, supported by its technology leadership and established customer base [2][3] 6. Risks to Consider - Potential downside risks include a slowdown in AI infrastructure investments, loss of TCB market share at key customers, reduced demand due to alternative technologies, intensifying industry competition, and possible export restrictions affecting back-end equipment [15] 7. Valuation and Investment Recommendation - The target price for ASMPT is set at **HK$100**, based on an up-cycle valuation of **28x** 2026 P/E. The expected total return is **32.0%**, factoring in a **29.3%** share price return and a **2.7%** dividend yield [6][14] Additional Important Information - The company is actively involved in AI-driven advanced packaging order wins, which are expected to significantly contribute to revenue growth. The recovery of mainstream SEMI and SMT is still in its early stages, indicating further potential for growth [14]

智通财经APP讯，ASMPT(00522)发布公告，于2025年12月3日，根据该计划赋予的权限及本公司股东于 2019年5月7日举行的股东周年大会上授予董事会的权限，信托人以现金认购新股份及本公司同意发行及 分配合共132.17万股授予股份，以满足该等公告提述的授予股份。该等授予股份将会分配予每名获选雇 员，惟前提是相关获选雇员在归属日期仍为本集团雇员，亦未在归属日期前发出通知以终止其于本集团 之任期及╱或雇佣关系。 （原标题：ASMPT(00522)根据雇员股份奖励计划发行132.17万股授予股份） ...

ASMPT(00522)公布，于2025年12月3日，公司根据公司僱员股份奖励计划向获选僱员进一步授予额外 1.89万股股份。 ...

ASMPT(00522)发布公告，于2025年12月3日，根据该计划赋予的权限及本公司股东于2019年5月7日举行 的股东周年大会上授予董事会的权限，信托人以现金认购新股份及本公司同意发行及分配合共132.17万 股授予股份，以满足该等公告提述的授予股份。该等授予股份将会分配予每名获选雇员，惟前提是相关 获选雇员在归属日期仍为本集团雇员，亦未在归属日期前发出通知以终止其于本集团之任期及╱或雇佣 关系。 ...