On May 22, Biren Technology rose 3.63% in regular trading, trading at 48.2 HKD/share, with trading volume of approximately 12.66 million HKD.

On the news front, the stock rebounded following a sharp decline of over 5% in the previous session triggered by the imminent expiry of the lock-up period for controlling shareholders and cornerstone investors on May 23, as well as concerns over potential equity dilution from previously announced H-share option and incentive plans. Today's recovery contains a technical correction element after the acute selloff.

Meanwhile, the semiconductor sector broadly strengthened, with Montage Technology up 4.57%, GigaDevice up 4.57%, and SMIC up 1.62%, providing positive sentiment spillover. Additionally, the company's recently signed strategic cooperation framework agreement with Wonders Information to build a domestically-sourced AI computing infrastructure combined with industry application scenarios continues to offer mid-to-long-term fundamental support.

(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.)