Biren Tech (06082) saw its shares rise more than 9% during the trading session, reaching a high of HK$55.90, setting a new record since its listing. As of the time of writing, the stock was up 6.96%, trading at HK$54.55, with a turnover of HK$261 million.

Everbright Securities noted that potential catalysts for Biren Tech include: increased volume production of high-performance chips such as the BR166 and BR20X; continuous growth in China's advanced process capacity, with the company's supply chain expected to significantly improve by late 2026 to 2027; and anticipation that the company will begin commercialization with a more diverse client base, including internet companies. Considering the output of domestic computing power and the start of the company's commercialization, the firm is optimistic about Biren Tech's earnings growth and valuation increase. This marks the first coverage, with a "Buy" rating assigned.