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Stockreport

China AI chipmaker Biren surges 82% on Hong Kong debut, kicking off 2026 listings [Yahoo! Finance]

QUALCOMM Incorporated (QCOM)  More Company Research Source: Yahoo! Finance
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Biren ?shares opened at HK$35.7 each, above the offer price of HK$19.60. They rose as much as ?HK$40 after opening. The strong debut follows a blockbuster year for Hong Kong's equity market in 2025 and points to a likely wave of AI and semiconductor offerings this year as China accelerates efforts to build domestic chip alternatives in ?response to U.S. curbs on ?technology exports. Biren raised HK$5.58 billion ($717 million) by selling 284.8 million H shares at HK$19.60 each, the top of a marketed ?range. Institutional demand was nearly 26 times the shares on offer, while the retail tranche was oversubscribed about 2,348 times, exchange filings showed. At the offer price, Biren's market capitalisation ?stands at HK$46.9 billion, based on 2.396 billion shares outstanding. Founded in 2019, ?Biren develops general-purpose graphics processing units (GPUs) and intelligent computing systems for artificial intelligence and high-performance computing. Its co-founders include Zha [Read more]
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Stockreport

China AI chipmaker Biren surges 82% on Hong Kong debut, kicking off 2026 listings [Yahoo! Finance]

QUALCOMM Incorporated  (QCOM) 
More Company Research Source: Yahoo! Finance
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Biren ?shares opened at HK$35.7 each, above the offer price of HK$19.60. They rose as much as ?HK$40 after opening. The strong debut follows a blockbuster year for Hong Kong's equity market in 2025 and points to a likely wave of AI and semiconductor offerings this year as China accelerates efforts to build domestic chip alternatives in ?response to U.S. curbs on ?technology exports. Biren raised HK$5.58 billion ($717 million) by selling 284.8 million H shares at HK$19.60 each, the top of a marketed ?range. Institutional demand was nearly 26 times the shares on offer, while the retail tranche was oversubscribed about 2,348 times, exchange filings showed. At the offer price, Biren's market capitalisation ?stands at HK$46.9 billion, based on 2.396 billion shares outstanding. Founded in 2019, ?Biren develops general-purpose graphics processing units (GPUs) and intelligent computing systems for artificial intelligence and high-performance computing. Its co-founders include Zha [Read more]
IMPACT SNAPSHOT
EVENT TIME:
QCOM
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS