STOCKS | Biren Technology Rises 7.8% After Interim Loss Narrows

Biren Technology (06082) rose 7.8% to HK$42.3, with turnover of about 5.37 million shares worth HK$220 million and an intraday high of HK$42.48, its highest in nearly a month, according to ETNet. The company said its interim loss narrowed to RMB 377 million for the six months ended June 30, 2026, from RMB 1.601 billion a year earlier. Revenue jumped nearly 20-fold to RMB 1.236 billion, while basic loss per share was 16 fen and no interim dividend was declared. The Hang Seng Index was down 253 points at 25,330, while the Hang Seng China Enterprises Index fell 50 points to 8,439 and the Hang Seng Tech Index dropped 55 points to 4,549. The current-month Hang Seng index futures were at 25,252, down 262 points and 79 points below fair value. Current-month H-share index futures were at 8,422, down 50 points and 18 points below fair value, while current-month Hang Seng Tech Index futures were at 4,556, down 58 points and 18 points above fair value.