Movement Alert｜Biren Technology Rises 3.02% in Regular Trading, Non-Farm Data Eases Rate Hike Fears Supporting Rebound After Prior Session Plunge

Market Focus07-03 09:56

On July 3, Biren Technology rose 3.02% in regular trading, trading at 49.84 HKD/share, with turnover of 2.68 billion HKD. The stock rebounded modestly following a sharp 20.92% decline in the prior session.

On the news front, non-farm payroll data released after the July 2 close prompted markets to pare back Federal Reserve rate hike bets, with expectations now fully pricing in a December hike versus the prior October timeline. Analysts noted this shift creates a counterattack opportunity for the AI compute sector, which had been pressured by both Fed hawkish signals and concerns over Meta's plan to sell surplus AI computing resources.

Despite Biren Technology's rebound, the broader semiconductor sector remained under pressure, with SMIC down 2.18%, Hua Hong Grace down 2.85%, GigaDevice down 2.11%, and Montage Technology down 2.78%. Biren Technology is a leading Chinese GPGPU designer whose revenue is projected to achieve a 147% compound annual growth rate from fiscal years 2026 to 2028, with a fair value estimate of 80.74 HKD from DBS.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1174711158?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-03 09:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1174711158","market":"us","top_or_hot":-1,"title":"Movement Alert｜Biren Technology Rises 3.02% in Regular Trading, Non-Farm Data Eases Rate Hike Fears Supporting Rebound After Prior Session Plunge","media":"Market Focus","content":"<p><p>On July 3, Biren Technology rose 3.02% in regular trading, trading at 49.84 HKD/share, with turnover of 2.68 billion HKD. The stock rebounded modestly following a sharp 20.92% decline in the prior session.</p><p>On the news front, non-farm payroll data released after the July 2 close prompted markets to pare back Federal Reserve rate hike bets, with expectations now fully pricing in a December hike versus the prior October timeline. Analysts noted this shift creates a counterattack opportunity for the AI compute sector, which had been pressured by both Fed hawkish signals and concerns over Meta's plan to sell surplus AI computing resources.</p><p>Despite Biren Technology's rebound, the broader semiconductor sector remained under pressure, with SMIC down 2.18%, Hua Hong Grace down 2.85%, GigaDevice down 2.11%, and Montage Technology down 2.78%. Biren Technology is a leading Chinese GPGPU designer whose revenue is projected to achieve a 147% compound annual growth rate from fiscal years 2026 to 2028, with a fair value estimate of 80.74 HKD from DBS.</p><p>(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.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Biren Technology Rises 3.02% in Regular Trading, Non-Farm Data Eases Rate Hike Fears Supporting Rebound After Prior Session Plunge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Biren Technology Rises 3.02% in Regular Trading, Non-Farm Data Eases Rate Hike Fears Supporting Rebound After Prior Session Plunge\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-07-03 09:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On July 3, Biren Technology rose 3.02% in regular trading, trading at 49.84 HKD/share, with turnover of 2.68 billion HKD. The stock rebounded modestly following a sharp 20.92% decline in the prior session.</p><p>On the news front, non-farm payroll data released after the July 2 close prompted markets to pare back Federal Reserve rate hike bets, with expectations now fully pricing in a December hike versus the prior October timeline. Analysts noted this shift creates a counterattack opportunity for the AI compute sector, which had been pressured by both Fed hawkish signals and concerns over Meta's plan to sell surplus AI computing resources.</p><p>Despite Biren Technology's rebound, the broader semiconductor sector remained under pressure, with SMIC down 2.18%, Hua Hong Grace down 2.85%, GigaDevice down 2.11%, and Montage Technology down 2.78%. Biren Technology is a leading Chinese GPGPU designer whose revenue is projected to achieve a 147% compound annual growth rate from fiscal years 2026 to 2028, with a fair value estimate of 80.74 HKD from DBS.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06082","symbol_name":"壁仞科技","start_time":0,"source_url":"","article_id":"1174711158","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1174711158","pubTimestamp":1783043765,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On July 3, Biren Technology rose 3.02% in regular trading, trading at 49.84 HKD/share, with turnover of 2.68 billion HKD. The stock rebounded modestly following a sharp 20.92% decline in the prior...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"06082":"壁仞科技"},"translate_title":"动向提示|壁仞科技常规交易涨3.02%，非农数据缓解加息担忧支撑前一交易日暴跌后反弹","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06082":1},"content_text":"On July 3, Biren Technology rose 3.02% in regular trading, trading at 49.84 HKD/share, with turnover of 2.68 billion HKD. The stock rebounded modestly following a sharp 20.92% decline in the prior session.On the news front, non-farm payroll data released after the July 2 close prompted markets to pare back Federal Reserve rate hike bets, with expectations now fully pricing in a December hike versus the prior October timeline. Analysts noted this shift creates a counterattack opportunity for the AI compute sector, which had been pressured by both Fed hawkish signals and concerns over Meta's plan to sell surplus AI computing resources.Despite Biren Technology's rebound, the broader semiconductor sector remained under pressure, with SMIC down 2.18%, Hua Hong Grace down 2.85%, GigaDevice down 2.11%, and Montage Technology down 2.78%. Biren Technology is a leading Chinese GPGPU designer whose revenue is projected to achieve a 147% compound annual growth rate from fiscal years 2026 to 2028, with a fair value estimate of 80.74 HKD from DBS.(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.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.0","shortVersion":"4.45.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1174711158","isCrawlerRequest":true}