On September 14, BIREN TECH declined 3.55% in regular trading, trading at HK$32.96 per share, with turnover of approximately HK$27.53 million.

On the news front, Enflame Technology recently debuted on the SSE STAR Market, marking the full convergence of China's four leading domestic GPU makers in public capital markets. This milestone has triggered a systematic reassessment of the sector's scarcity premium. Peer Moore Threads has retreated over 60% from its peak following a major lock-up share release, continuously weighing on domestic GPU sector valuations.

BIREN TECH has remained in a post-earnings profit-taking phase since releasing its interim results on August 28, despite reporting H1 revenue of RMB 1.236 billion — a year-over-year surge of 1,998% — with gross margin improving to 42.7%. Goldman Sachs maintained a Buy rating with an HK$80.5 target price, while GuoSen Securities initiated coverage at Outperform. Nevertheless, the stock has retreated approximately 40% from its post-listing high, as broader semiconductor names also traded lower, with the sector focused on digesting elevated valuations.

(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.)