On August 19, BIREN TECH fell 4.15% in regular trading, trading at 36.28 HKD/share, with turnover of 32.66 million HKD, extending its decline for a second consecutive session following a strong earnings preview release.

On August 17, the company disclosed its interim profit alert, projecting H1 revenue of approximately 1.15 billion to 1.30 billion RMB, representing a year-over-year surge of 1,852% to 2,107%, already surpassing full-year revenue for the prior fiscal year. Net losses were guided to narrow by 75%-80% to 320-400 million RMB, while adjusted losses narrowed 35%-47%. The stock rallied over 7% on August 17 as markets absorbed the upbeat forecast. However, the subsequent two trading sessions have displayed a classic sell-the-news pattern as the earnings beat was fully priced in.

Compounding individual stock pressure, the broader semiconductor sector continued to weaken. Among peers, SMIC fell 2.18%, HUA HONG GRACE declined 2.64%, GIGADEVICE dropped 3.77%, MONTAGE TECH lost 2.68%, and ILUVATAR COREX fell 5.32%, reflecting systematic selling across the chip space.

(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.)