Dahua Jixian: Raised ASMPT (00522.HK) target price to 92.4 Hong Kong dollars. Second quarter performance roughly in line with expectations.

According to the Zhitong Finance APP, Dahua Securities released a research report stating that the order momentum of ASMPT (00522.HK) continues to improve, which may signify the beginning of a new capital expenditure cycle. The continued progress of artificial intelligence-related products may enhance investor confidence in the short term. The rating remains "buy", with the target price raised from 68 Hong Kong dollars to 92.4 Hong Kong dollars.