$ILUVATAR COREX(09903.HK) and $BIREN TECH(06082.HK) both rose by about six percent. These two domestic AI chip companies strengthened simultaneously in the Hong Kong stock market, but trading volumes did not expand. The volume for $ILUVATAR COREX(09903.HK) is only half of the average volume 😀
Broad-based rallies without volume are generally valuation repairs rather than capital inflows. For these newly listed computing power targets in the Hong Kong stock market, the circulating float is inherently thin, so lifting prices does not require much money.
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