报告指出，最近港股与A股的反弹，已将投资者的注意力从人工智能概念股转移，但该行维持对ASMPT维持正面看法，预期ASMPT未来将受惠于驱动TCB设备需求增长，以及2025年SEMI和SMT两项主流技术企稳。Citi maintains a positive view of ASMPT. It is expected that ASMPT will benefit from the growth in demand for TCB equipment in the future, as well as the stabilization of two mainstream technologies, SEMI and SMT in 2025.
The Zhitong Finance App learned that Citi released a research report, according to media quoting people familiar with the matter, US private equity firm KKR is considering making a takeover offer for ASMPT (00522), a semiconductor and electronic equipment manufacturer worth about 5 billion US dollars. The report points out that privatization is positive for ASMPT messages and provides downstream support for ASMPT. The stock was given a “buy” rating, with a target price of HK$110.
The bank pointed out that ASM International, the majority shareholder holding 25% of ASMPT's shares, has held about 0.103 billion shares in ASMPT since 2017, and did not reduce its holdings at the previous high of 131 yuan. The bank believes that the price per share of a potential takeover offer would need to be higher than ASMPT's previous high before it has a chance of being approved.
The report points out that the recent rebound in Hong Kong stocks and A-shares has diverted investors' attention from artificial intelligence concept stocks, but the bank maintains a positive view of ASMPT. It is expected that ASMPT will benefit from the growth in demand for TCB equipment in the future, as well as the stabilization of two mainstream technologies, SEMI and SMT in 2025.
