--- title: "Hong Kong stock movement: BIREN TECH rose by 10.78%, with clear capital flow, market sentiment triggered volatility attention" type: "News" locale: "en" url: "https://longbridge.com/en/news/285478982.md" description: "BIREN TECH rose 10.78%; Semiconductor Manufacturing International Corporation rose 0.47%, with a transaction volume of HKD 4.225 billion; Hua Hong Semiconductor rose 6.00%, with a transaction volume of HKD 2.888 billion; Zhaoyi Innovation fell 2.72%, with a transaction volume of HKD 623 million; Lanqi Technology rose 3.86%, with a market value of HKD 408 billion" datetime: "2026-05-07T03:32:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285478982.md) - [en](https://longbridge.com/en/news/285478982.md) - [zh-HK](https://longbridge.com/zh-HK/news/285478982.md) --- # Hong Kong stock movement: BIREN TECH rose by 10.78%, with clear capital flow, market sentiment triggered volatility attention **Hong Kong Stock Movement** BIREN TECH, up 10.78%, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Trading Volume in the Industry** SMIC, up 0.47%. Based on recent key news: 1. On May 6, SMIC experienced frequent large transactions, with a transaction amount reaching HKD 542 million, indicating strong market interest in the stock, driving the price up. 2. On May 4, the net inflow of Hong Kong Stock Connect into SMIC was HKD 1.49 billion, showing strong capital inflow, supporting the stock price upward. 3. On May 5, the Chinese government promoted the localization of the chip supply chain, increasing support for domestic companies like SMIC, boosting market confidence. Policy support for the semiconductor industry has strengthened, with significant capital inflow. Huahong Semiconductor, up 6.00%. Based on recent key news: 1. On May 7, Huahong Semiconductor had large transactions exceeding HKD 22.275 million, showing strong market interest in the stock, driving the price up. Source: Huigang Communications 2. On May 6, Huahong Semiconductor showed a recovery trend after a low point, supported by rising wafer prices. Analysts maintained an "outperform" rating, further enhancing market confidence. Source: AASTOCKS 3. On May 6, an investment fund in the chip industry plans to lead the first round of financing for DeepSeek, showing continued investment enthusiasm in the semiconductor industry, indirectly benefiting Huahong Semiconductor. Source: Bloomberg GigaDevice, down 2.72%. Based on recent key news: 1. On May 4, GigaDevice disclosed a price increase for memory products, with the gross margin in the first quarter rising by 12.17 percentage points to 57.08%. Market supply is tight, and niche DRAM product prices are expected to continue rising, driving stock price volatility. Source: Economic Information Agency 2. On May 4, GigaDevice shareholders transferred stocks from HSBC Hong Kong Shanghai to Citibank, with a transfer market value of HKD 900 million, accounting for 5.78%. This move may reflect investors' confidence in the company's future performance. Source: Zhito Finance 3. On May 6, analysts reiterated an "outperform" rating for GigaDevice, indicating continued market optimism for its memory business. Source: AASTOCKS Demand in the memory industry is strong, with market supply falling short. **Stocks with High Market Capitalization in the Industry** Lattice Semiconductor, up 3.86%. Based on recent news: 1. On May 7, UBS raised its revenue forecasts for Lattice Semiconductor for 2027 and 2028, increasing the target price from 237 to 380, reiterating a "buy" rating. UBS pointed out that Lattice Semiconductor's gross margin in the first quarter significantly exceeded expectations, the localization progress of AI accelerators has accelerated, and the R&D progress of PCIe Gen6 Retimer/PCIe Switch has been significant, driving the growth of its memory interconnect chip shipments Despite the strong performance of Lanqi Technology's stock price after the Lunar New Year, with an increase of 52%, UBS believes its valuation remains attractive. 2. There are no other significant news recently. The localization progress of AI accelerators is accelerating, and the industry outlook is promising ### Related Stocks - [06082.HK](https://longbridge.com/en/quote/06082.HK.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) ## Related News & Research - [KLA approves 10-for-1 stock split and dividend hike](https://longbridge.com/en/news/286340025.md) - [Where Cerebras' monster debut puts in among tech's biggest IPOs](https://longbridge.com/en/news/286465752.md) - [Cerebras's stock set for blast off, as early indications point to a near doubling](https://longbridge.com/en/news/286434594.md) - [AI boom puts SK Hynix on the cusp $1 trillion market value](https://longbridge.com/en/news/286347462.md) - [Cerebras raises $5.5B, kicking off 2026’s IPO season with a bang](https://longbridge.com/en/news/286445132.md)