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ASMPT Ltd ( (HK:0522) ) has provided an update.
ASMPT Ltd has completed the sale of its 49% equity interest in Advanced Assembly Materials International Limited (AAMI) to Shenzhen Original Advanced Compounds Co., Ltd. The transaction, valued at RMB1,717 million, includes cash and new shares in the acquiring company, enhancing ASMPT’s strategic positioning in the market.
The most recent analyst rating on (HK:0522) stock is a Hold with a HK$74.00 price target. To see the full list of analyst forecasts on ASMPT Ltd stock, see the HK:0522 Stock Forecast page.
More about ASMPT Ltd
ASMPT Ltd is a leading provider of integrated hardware and software solutions for semiconductor and electronics manufacturing.
Average Trading Volume: 2,978,881
Technical Sentiment Signal: Sell
Current Market Cap: HK$30.51B
For a thorough assessment of 0522 stock, go to TipRanks’ Stock Analysis page.