Biren Technology (6082.HK) gained 2.52% in Hong Kong trading to HK$37.36. The company issued a profit alert this morning, projecting first-half 2026 revenue of 1.15 billion to 1.3 billion yuan, roughly 18 to 21 times the 58.9 million yuan reported a year earlier. Net loss for the period is expected to narrow 75% to 80% to 320 million to 400 million yuan, driven by strong AI demand for GPGPU computing power and scaled product deployment.
Hong Kong tech and chip stocks broadly advanced in early trading, with the Hang Seng Index opening up 186 points and the Hang Seng Tech Index gaining 1.14%.