On September 24, ASMPT fell 3.1% in regular trading, trading at HKD 165.7 per share, with turnover of HKD 106 million. The decline came amid negative signals from institutional shareholders, with BlackRock reducing its stake below a key threshold.
Specifically, BlackRock sold approximately 150,000 ASMPT shares via over-the-counter transactions on September 17, lowering its long position from 5.04% to 4.99%, breaching the closely watched 5% ownership level. Notably, BlackRock's recent activity has been highly volatile — it offloaded roughly 4.4 million shares on September 11, driving its stake down to 4.59%, then added back 860,000 shares on September 16 to reach 5.03%, only to trim again the following day. Separately, The Capital Group Companies reduced its ASMPT holdings by approximately 1.95 million shares on September 7 at an average price of HKD 165.36, cutting its stake from 8.01% to 7.54%, followed by a further disposal of 1.70 million shares on September 18. The pattern of consecutive reductions by multiple major international institutions has weighed on market sentiment in the near term.
(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.)