Movement Alert｜Biren Technology Falls 4.25% in Regular Trading, Profit-Taking After 26% Weekly Rally Amid Partial Semiconductor Weakness

Market Focus06-04

On June 4, Biren Technology fell 4.25% in regular trading, trading at 59.35 HKD/share, with trading volume of 20.18 million HKD.

On the news front, the stock had surged over 26% in the prior week, driven by multiple catalysts including its inclusion in the Hang Seng Composite Index (effective June 8), the BR166 chip receiving National Security Level-I certification, Goldman Sachs raising its target price to 70.7 HKD, and Daiwa Securities initiating coverage with a Buy rating and 100 HKD target. With substantial gains accumulated, profit-taking pressure continues to weigh on the stock.

Within the Semiconductors sector, major names showed partial weakness. SMIC fell 1.93% and HUA HONG SEMI declined 0.99%, creating sector drag. Meanwhile, INNOSCIENCE rose 4.89%, GIGADEVICE gained 2.65%, and MONTAGE TECH added 0.69%, indicating a mixed sector backdrop. The combination of profit-taking after the sharp rally and weakness among key semiconductor peers drove the pullback.

(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/1181576419?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-04 09:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1181576419","market":"hk","top_or_hot":-1,"title":"Movement Alert｜Biren Technology Falls 4.25% in Regular Trading, Profit-Taking After 26% Weekly Rally Amid Partial Semiconductor Weakness","media":"Market Focus","content":"<p><p>On June 4, Biren Technology fell 4.25% in regular trading, trading at 59.35 HKD/share, with trading volume of 20.18 million HKD.</p><p>On the news front, the stock had surged over 26% in the prior week, driven by multiple catalysts including its inclusion in the Hang Seng Composite Index (effective June 8), the BR166 chip receiving National Security Level-I certification, Goldman Sachs raising its target price to 70.7 HKD, and Daiwa Securities initiating coverage with a Buy rating and 100 HKD target. With substantial gains accumulated, profit-taking pressure continues to weigh on the stock.</p><p>Within the Semiconductors sector, major names showed partial weakness. SMIC fell 1.93% and HUA HONG SEMI declined 0.99%, creating sector drag. Meanwhile, INNOSCIENCE rose 4.89%, GIGADEVICE gained 2.65%, and MONTAGE TECH added 0.69%, indicating a mixed sector backdrop. The combination of profit-taking after the sharp rally and weakness among key semiconductor peers drove the pullback.</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 Falls 4.25% in Regular Trading, Profit-Taking After 26% Weekly Rally Amid Partial Semiconductor Weakness</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 Falls 4.25% in Regular Trading, Profit-Taking After 26% Weekly Rally Amid Partial Semiconductor Weakness\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\">2026-06-04 09:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 4, Biren Technology fell 4.25% in regular trading, trading at 59.35 HKD/share, with trading volume of 20.18 million HKD.</p><p>On the news front, the stock had surged over 26% in the prior week, driven by multiple catalysts including its inclusion in the Hang Seng Composite Index (effective June 8), the BR166 chip receiving National Security Level-I certification, Goldman Sachs raising its target price to 70.7 HKD, and Daiwa Securities initiating coverage with a Buy rating and 100 HKD target. With substantial gains accumulated, profit-taking pressure continues to weigh on the stock.</p><p>Within the Semiconductors sector, major names showed partial weakness. SMIC fell 1.93% and HUA HONG SEMI declined 0.99%, creating sector drag. Meanwhile, INNOSCIENCE rose 4.89%, GIGADEVICE gained 2.65%, and MONTAGE TECH added 0.69%, indicating a mixed sector backdrop. The combination of profit-taking after the sharp rally and weakness among key semiconductor peers drove the pullback.</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":"1181576419","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1181576419","pubTimestamp":1780537078,"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 June 4, Biren Technology fell 4.25% in regular trading, trading at 59.35 HKD/share, with trading volume of 20.18 million HKD.On the news front, the stock had surged over 26% in the prior week,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"06082":"壁仞科技"},"translate_title":"动向提示|壁仞科技常规交易跌4.25%半导体局部疲软周涨26%后获利回吐","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06082":1},"content_text":"On June 4, Biren Technology fell 4.25% in regular trading, trading at 59.35 HKD/share, with trading volume of 20.18 million HKD.On the news front, the stock had surged over 26% in the prior week, driven by multiple catalysts including its inclusion in the Hang Seng Composite Index (effective June 8), the BR166 chip receiving National Security Level-I certification, Goldman Sachs raising its target price to 70.7 HKD, and Daiwa Securities initiating coverage with a Buy rating and 100 HKD target. With substantial gains accumulated, profit-taking pressure continues to weigh on the stock.Within the Semiconductors sector, major names showed partial weakness. SMIC fell 1.93% and HUA HONG SEMI declined 0.99%, creating sector drag. Meanwhile, INNOSCIENCE rose 4.89%, GIGADEVICE gained 2.65%, and MONTAGE TECH added 0.69%, indicating a mixed sector backdrop. The combination of profit-taking after the sharp rally and weakness among key semiconductor peers drove the pullback.(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":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","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,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","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/1181576419","isCrawlerRequest":true}