On January 2, 2026, Biren Technology, which stood as the inaugural new stock to grace the Hong Kong stock market in the new year, made its grand entrance onto the Hong Kong Stock Exchange (HKEX). Commencing trading at HK$35.7 per share, it experienced a remarkable surge of 82.14% from its offering price of HK$19.60 per share. During the trading session, it peaked at HK$42.88 per share, boasting a gain that soared past 118%.
As a prominent member of the "Four Little Dragons of Domestic GPUs", Biren Technology etched its name into the annals of history by setting multiple records with this listing. The Hong Kong public offering proved to be a resounding success, luring in 471,000 subscribers. This impressive figure rendered it the most coveted new stock among retail investors in the Hong Kong stock market over the past year. Moreover, the total funds raised reached an approximate sum of HK$5.583 billion, effectively crowning it as the largest IPO project since the implementation of Chapter 18C of the Hong Kong Listing Rules.
