HK Stock Market Move | Domestic GPUs unite to rise ILUVATAR COREX (09903), BIREN TECH (06082) both up more than 10% during trading hours.
Domestic GPU leaders join hands to rise higher, Tianci Smart Core (09903) and Bi Reng Technology (06082) both rose by more than 10% in midday trading.
The two leading domestic GPUs joined forces to rise, ILUVATAR COREX (09903) and BIREN TECH (06082) both increased by more than 10% during trading. As of the time of writing, ILUVATAR COREX rose by 6.79% to 368 Hong Kong dollars, while BIREN TECH rose by 5.36% to 38.14 Hong Kong dollars.
On the news front, NVIDIA's stock price rose by 3.8% overnight to $196.51, marking the longest consecutive rise since 2023, as global AI computing power continues to rise. Western points out that as the scale of inference model parameters continues to increase, super node technology is expected to help domestic computing power break through new scenarios in model inference. Domestic AI chips are expected to experience accelerated growth in 2026, and leading companies with strong capabilities on the supply side are expected to achieve high certainty and flexibility in growth. At the same time, the implementation of super node technology is also expected to drive additional growth for server manufacturers and interconnect technology manufacturers.
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KUNLUN ENERGY (00135) spent 6.2758 million Hong Kong dollars to repurchase 842,000 shares on April 17th.

HEALTHYWAY INC (02587) bought back 51,000 shares at a cost of HKD 236,800 on April 17th.

AIA (01299) spent 385 million Hong Kong dollars on April 17 to repurchase 4.68 million shares.

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