On August 5, BIREN TECH rose 3.58% in regular trading, trading at HK$34.98/share, with turnover of HK$47.14 million, extending gains from the previous session.
The rally continues to be driven by the company's completion of Day0 adaptation and optimization of the newly open-sourced MiniMax H3 multimodal generative model on its flagship Bilie series GPGPU products, announced on August 3. Biren Tech leveraged the SGLang inference framework to achieve rapid deployment compatibility, joining peers Moore Threads and Hygon Information in enabling domestic users to immediately deploy the model on homegrown computing platforms.
Additionally, Morgan Stanley was disclosed to have purchased approximately 19.66 million shares on July 8 at HK$47.66 per share, totaling roughly HK$937 million and raising its stake to 6.06%, signaling sustained institutional interest. Within the Semiconductors sector, stocks broadly advanced, with GIGADEVICE up 4.87%, HUA HONG GRACE up 3.7%, SMIC up 3.22%, and MONTAGE TECH up 3.2%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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