On September 4, BIREN TECH rose 3.37% in regular trading, trading at 43.28 HKD/share, with turnover of 83.32 million HKD. The stock had previously rallied sharply following blockbuster interim results before entering a short-term pullback, and this session marks a potential stabilization rebound.
On the news front, the company released its H1 results on August 28, reporting revenue of 1.236 billion yuan, up 1,997.6% year-over-year, with half-year revenue already surpassing the full-year figure for the prior year. Gross margin reached 42.7%, up 10.8 percentage points YoY. Net loss narrowed significantly to 377 million yuan, a 76.4% reduction. Inventory rose to 1.215 billion yuan, while prepayments surged to 1.534 billion yuan, reflecting efforts to lock in critical supply chain capacity for next-generation product mass production.
Additionally, Morgan Stanley raised its stake from 4.85% to 5.08% on August 28, while Caitong Securities maintained its Overweight rating, noting the company has entered a phase of scaled delivery. Industry data suggests domestic AI chip demand of approximately 4 million units faces a shortfall of around one million units, underscoring a tight supply environment for high-end computing power.
(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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