Movement Alert｜Biren Technology Rises 3.62% in Regular Trading, HKEX Tech 100 Index Inclusion Takes Effect with MiniMax M3 Adaptation Catalyst

Market Focus

Jun 16

On June 16, Biren Technology rose 3.62% in regular trading, trading at 57.2 HKD/share, with turnover of 51.85 million HKD.

On the news front, the company was formally included in the Hong Kong Exchange Technology 100 Index effective June 15, a broad-based index covering tech sector leaders and emerging companies. The inclusion is expected to attract incremental allocation funds from passive and thematic tracking strategies, positively impacting the company's capital market valuation and visibility.

Additionally, Biren Technology announced that its BR166 series GPU completed Day-0 adaptation and optimization of the MiniMax M3 large model based on the SGLang inference framework, demonstrating its full-stack technical capabilities in the AI inference deployment market. On the same day, Xunce signed a strategic cooperation agreement with Biren Technology, focusing on the convergence of computing power and data to jointly build domestic intelligent computing clusters.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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