On August 18, BIREN TECH fell 3.03% in regular trading, trading at HKD 37.78/share, with turnover of HKD 211 million.

On the news front, the company released its interim profit alert on August 17, projecting first-half revenue of RMB 1.15 billion to 1.30 billion, representing year-over-year growth of approximately 1,852% to 2,107% from RMB 58.9 million a year earlier. Net loss is expected to narrow by 75% to 80% to between RMB 320 million and 400 million. The stock surged over 7% on August 17 as the market absorbed the upbeat forecast, creating a classic buy-the-news, sell-the-fact setup for the following session.

Meanwhile, the semiconductor sector is under broad-based pressure. Among peers, SMIC declined 1.66%, HUA HONG GRACE fell 4.5%, GIGADEVICE dropped 5.6%, MONTAGE TECH slid 6.5%, and ILUVATAR COREX lost 7.37%, amplifying selling pressure on individual names including BIREN TECH.

(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.)