On June 1, Biren Technology rose 4.62% in regular trading, trading at 63.5 HKD/share, with trading volume of approximately 79.45 million HKD, outperforming the broader semiconductor sector.

On the news front, multiple positive catalysts continue to fuel the rally. The Hang Seng Index Company's quarterly review has included Biren Technology in the Hang Seng Composite Index, with changes to take effect after the June 5 close and become effective from June 8. The market widely expects the company to be simultaneously added to the Stock Connect eligible pool, opening a potential channel for southbound capital inflows. Additionally, Daiwa Securities recently initiated coverage with a Buy rating and a target price of 100 HKD, while CLSA maintains an Outperform rating with a target price raised to 67.4 HKD, citing China's computing power shortage expected to persist through at least 2027. The company's Biren 166 chip also recently received National Security Level I certification, marking the first time AI training and inference chips have been included in the national evaluation framework.

(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.)