ASM Pacific stock falls 5.90 percent in October 8 trading

Published on 10/08/2026 at 08:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ASM Pacific stock was at HKD 164.20 at 1:41 p.m. HKT on October 8, 2026. First-half revenue reached USD 1.14 billion and bookings rose to USD 1.63 billion.

ASM Pacific, KYG0535Q1331, Illustration mit AI erstellt.

ASM Pacific (ISIN KYG0535Q1331) was trading at HKD 164.20 on the Stock Exchange of Hong Kong at 1:41 p.m. HKT on October 8, 2026, down HKD 10.30 or 5.90 percent from the prior close. The move places the stock 32.82 percent below its 52-week high of HKD 244.40.

Price pressure meets strong bookings

The session decline is the immediate market fact, while ASMPT's latest operating figures show a much stronger order picture. In the first half of 2026, revenue reached USD 1.14 billion, an increase of 42.5 percent year over year, according to Yahoo Finance.

Bookings reached USD 1.63 billion in the same period, up 85.1 percent year over year. The book-to-bill ratio was 1.43, the highest level since the first half of 2021, as management described demand from semiconductor and electronics customers.

Margins and guidance remain key

ASMPT reported an adjusted gross margin of 41.2 percent for the first half of 2026. Second-quarter revenue was USD 630.0 million, up 52.1 percent year over year, while adjusted net profit reached HKD 637.5 million, up 253.9 percent year over year, according to Yahoo Finance.

For the third quarter of 2026, ASMPT guided to revenue of USD 630 million to USD 690 million. The range reflects continued demand for advanced packaging and photonics, while longer material lead times extend the conversion of bookings into revenue.

That timing issue is important for investors. ASMPT's management said in the July 29, 2026 call that advanced packaging orders can require longer manufacturing cycles, making bookings growth and quarterly revenue growth move at different speeds.

Consensus target sits above the quote

Stockopedia lists a Buy consensus for ASMPT and an average analyst target of HKD 201.23. That target is 22.55 percent above the HKD 164.20 last close cited on the page.

The contrast is clear: the stock is 32.82 percent below its 52-week high, while the published consensus target remains 22.55 percent above the latest close. The next scheduled company checkpoint is the Q3 2026 earnings release on October 30, 2026.

ASM Pacific stock trades below its high

ASM Pacific stock was trading at HKD 164.20 on the Stock Exchange of Hong Kong on October 8, 2026 at 1:41 p.m. HKT, with a session volume of 1,897,062 shares. Its market capitalization was HKD 68.9 billion.