HK Stock Market Move | BIREN TECH (06082) rose more than 7% to a new high on the market. Domestic large models are compatible with domestic chips, and the company is expected to benefit significantly.
Baishi Technology (06082) rose more than 7% in early trading, reaching a high of HKD 54.6, setting a new record high. As of the time of writing, it has risen by 4.8%, trading at HKD 53.45, with a turnover of 1.4 billion Hong Kong dollars.
BIREN TECH (06082) rose more than 7% in early trading, hitting a high of 54.6 Hong Kong dollars, a new high for the company. As of the time of publication, it is up 4.8% at 53.45 Hong Kong dollars, with a trading volume of 1.4 billion Hong Kong dollars.
On the news front, in April 2026, two domestic AI large models, DeepSeekV4 and KimiK2.6, were successively released and immediately selected to be compatible with domestic AI chip products such as Huawei Ascend, Cambricon and Biren, marking a shift from single-way adaptation of chip models in the domestic AI industry to a dual-way collaborative autonomous and controllable construction mode of "domestic computing power + domestic model".
EB SECURITIES pointed out that potential catalysts for BIREN TECH in the future include: the mass production of high-performance chips such as BR166 and BR20X; the continuous increase in China's advanced production capacity, leading to a significant improvement in the company's supply chain by the end of 2026 to 2027; and expectations for the company to initiate commercialization with a more diverse range of customers such as the internet. Considering the shipment of domestic computing power and the company's commercialization opening up, the company's performance is expected to rise, prompting an increase in CKH HOLDINGS's valuation. The company is covered for the first time and given a "buy" rating.
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