BOCI published a research report initiating coverage on BIREN TECH (06082.HK) +0.100 (+0.181%) Short selling $8.73M; Ratio 3.021% , noting that as a leading domestic GPGPU manufacturer, the company is set to fully benefit from the exponential growth in Chinas AI computing power demand. In addition to its technological leadership spanning from chips to system-level solutions, the broker believes BIREN TECHs deep integration with the domestic supply chain provides a key competitive advantage over peers.BOCI forecasts that BIREN TECH will achieve a revenue CAGR of 137% from 2025 to 2028, and expects the company to reach breakeven in 2027, mainly driven by the commercialization of its next-generation products in 2H26.Related News HSBC Research Cites Experts: TENCENT (00700.HK) and BABA-W (09988.HK) Benefit from Ecosystem AdvantagesBOCI initiates coverage with a Buy rating and a TP of HKD74.43, based on 20x 2027E price-to-sales ratio. (ad/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.)
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