Hong Kong stock anomaly | ASMPT (00522.HK) rose nearly 7% in the afternoon, institutions optimistic about the long-term boost to performance and valuation from advanced packaging business.

According to the Zhixun Finance and Economics APP, ASMPT (00522.HK) surged nearly 7% in the afternoon, with a gain of 4.43% as of the press time, reaching 176.7 Hong Kong dollars, with a turnover of 3.94 billion Hong Kong dollars.