The company's shares opened at HK$35.70, hit an intraday high of HK$42.88 and closed at HK$34.46, up 76% from the offer price of HK$19.60.That compared to a 2.8% rise for the benchmark Hang Seng Index. Biren was also the third most actively traded stock by turnover on the Hong Kong bourse, with 150.7 million shares ‌worth HK$5.52 billion ($707.7 million) ‌changing hands.The strong debut follows a blockbuster year for Hong Kong's equity market in 2025 and heralds a wave of chip and AI offerings this year as ...

Group 1 - The core objective for Jinan in 2022 is to create a comprehensive national science center, enhancing technological innovation capabilities and implementing various actions to improve innovation platforms and enterprise capabilities [3][4] - In 2021, Jinan achieved significant milestones, including a total of 4,397 high-tech enterprises and a technology contract transaction amount of 473.48 billion yuan, ranking first in the province [2] - The establishment of the Yellow River Technology Transfer Center aims to create a comprehensive transaction platform that integrates evaluation, trading, database management, and policy search [4] Group 2 - Jinan's R&D expenditure accounted for 2.67% of GDP, with an increase of 900 high-tech enterprises and 20 provincial-level R&D institutions [1] - The city plans to introduce 20 new provincial-level R&D institutions and deepen the reform of technology program management [3] - The "1+6+N" service system for technology achievement transformation is being developed, with 527 intellectual property and technology financial achievements registered, amounting to 3.293 billion yuan [2][4]