Hong Kong AI Concept Stock Daily: BIRENTECH Rises 12.23% in a Single Day as the 2026 Apsara Conference Approaches - 20260921
- The HSI rose 1.18%, the HSTECH rose 0.40% and the HSCEI rose 1.39%; full-day market turnover reached HKD 202.7 billion.
- BIRENTECH jumped 12.23%, BLACK SESAME rose 6.30%, XIAOMI-W rose 4.47%, BABA-W rose 3.02% and TENCENT rose 2.63%; ILUVATAR COREX fell 3.84%.
- The 2026 Apsara Conference opens on September 22; CXMT's fifth-generation DRAM platform entered mass production; HORIZONROBOT-W's Journey chips surpassed 15 million cumulative units; Alibaba, Ant and Tencent all expanded into embodied AI on the same day.
I. Market Overview
On September 21, 2026, the three major Hong Kong indices rose collectively, with the Hang Seng Index up 1.18%, the Hang Seng TECH Index up 0.40%, and the Hang Seng China Enterprises Index up 1.39%. The Hang Seng Index recorded full-day market turnover of HKD 202.7 billion, lower than the previous trading day. Southbound funds continued to record net buying, with net purchases exceeding HKD 4 billion in the afternoon session. AI concept stocks strengthened broadly, led by AI chips, while autonomous driving names mostly advanced and LLM leaders gained, with MINIMAX-W bucking the trend.
In the LLM space, BABA-W (09988.HK) rose 3.02%, TENCENT (00700.HK) rose 2.63%, BIDU-W (09888.HK) rose 2.06% and Z.AI (02513.HK) rose 1.79%, with MEITUAN-W (03690.HK) following higher; KUAISHOU-W (01024.HK) edged up 0.26%, while MINIMAX-W (00100.HK) fell 1.65%. The 2026 Apsara Conference will be held in Hangzhou from September 22 to 24, where Alibaba Cloud will release its core technologies and annual products.
In the AI Chips space, BIRENTECH (06082.HK) surged 12.23%, the top gainer among AI concept stocks; MONTAGETECH (06809.HK) rose 1.20%, SMIC (00981.HK) rose 0.69% and GIGADEVICE (03986.HK) edged up 0.29%; HUA HONG GRACE (01347.HK) closed flat, while ILUVATAR COREX (09903.HK) fell 3.84%. The mass production of CXMT's fifth-generation DRAM technology platform lifted sentiment across the memory and domestic computing power supply chains.
In the Autonomous Driving space, BLACK SESAME (02533.HK) rose 6.30%, HORIZONROBOT-W (09660.HK) rose 1.43% and WERIDE-W (00800.HK) followed higher; ROBOSENSE (02498.HK) fell 1.34% and PONY-W (02026.HK) fell 2.44%.
In the Embodied AI space, XIAOMI-W (01810.HK) rose 4.47%, while UBTECH ROBOTICS (09880.HK) fell 0.62%.
II. Market Performance of Representative AI Stocks
|
Stock Code |
Company Name |
Closing Price (HKD) |
Change(%) |
Sector / Concept |
|
06082.HK |
BIRENTECH |
42.580 |
12.23 |
AI Chips |
|
02533.HK |
BLACK SESAME |
10.630 |
6.30 |
Autonomous Driving |
|
01810.HK |
XIAOMI-W |
27.580 |
4.47 |
Embodied AI |
|
09988.HK |
BABA-W |
112.600 |
3.02 |
LLM |
|
00700.HK |
TENCENT |
430.000 |
2.63 |
LLM |
|
09888.HK |
BIDU-W |
89.000 |
2.06 |
LLM |
|
02513.HK |
Z.AI |
794.000 |
1.79 |
LLM |
|
09660.HK |
HORIZONROBOT-W |
4.255 |
1.43 |
Autonomous Driving |
|
06809.HK |
MONTAGETECH |
286.400 |
1.20 |
AI Chips |
|
03690.HK |
MEITUAN-W |
74.000 |
1.09 |
LLM |
|
00981.HK |
SMIC |
65.600 |
0.69 |
AI Chips |
|
00800.HK |
WERIDE-W |
14.490 |
0.63 |
Autonomous Driving |
|
03986.HK |
GIGADEVICE |
513.500 |
0.29 |
AI Chips |
|
01024.HK |
KUAISHOU-W |
30.820 |
0.26 |
LLM |
|
01347.HK |
HUA HONG GRACE |
115.500 |
0.00 |
AI Chips |
|
09880.HK |
UBTECH ROBOTICS |
80.350 |
-0.62 |
Embodied AI |
|
02498.HK |
ROBOSENSE |
16.920 |
-1.34 |
Autonomous Driving |
|
00100.HK |
MINIMAX-W |
298.000 |
-1.65 |
LLM |
|
02026.HK |
PONY-W |
52.000 |
-2.44 |
Autonomous Driving |
|
09903.HK |
ILUVATAR COREX |
135.100 |
-3.84 |
AI Chips |
Data Source: HKEX. For reference only, not investment advice. Data as of market close on September 21, 2026.
III. AI Industry & Corporate Developments
1. 2026 Apsara Conference Opens on September 22, Anchored on Agentic AI
The 2026 Apsara Conference will be held in Hangzhou from September 22 to 24. Themed "Intelligence for Practice" and anchored on Agentic AI, the event links chips, cloud infrastructure, model capabilities and model services, and Agentic applications into a complete chain, featuring three main forums and more than 120 sub-forums. The Agentic Cloud main forum focuses on scaling agents across three lines: AI Native, Agent Native and Data Plane. The MaaS and Agent exhibition area will showcase the latest progress of the Qwen AI platform, Qwen Office, Qoder, the Qwen app and hardware, alongside the release of Alibaba Cloud's core technologies and annual products. Open Source Securities believes the conference may provide a strong catalyst for supernode and computing power, liquid cooling, and optical communications segments.
2. CXMT's Fifth-Generation DRAM Technology Platform Enters Mass Production
On September 20, CXMT announced at the 2026 World Manufacturing Convention that its fifth-generation DRAM (G5) technology platform has entered mass production, with dies per wafer increasing by at least 50% versus the previous generation, and showcased new high-capacity LPDDR5X products based on the platform, marking a further step upmarket for domestic memory. Earlier, GIGADEVICE (03986.HK) raised its 2026 DRAM procurement quota with CXMT from RMB 1.182 billion to RMB 5.711 billion.
3. HORIZONROBOT-W's Journey Chips Surpass 15 Million Cumulative Units; Cockpit-Driving Integrated Chip to Enter Mass Production in October
HORIZONROBOT-W's (09660.HK) Journey series intelligent driving chips have surpassed 15 million cumulative units in mass production, empowering more than 8 million vehicle owners across over 40 partner brands; one in every three vehicles in China equipped with assisted driving uses a Horizon solution. Founder and CEO Yu Kai said the intelligent driving sector will move toward industry convergence, the cockpit-driving integrated chip Starry will enter mass production in October, and the company will advance its global layout through two parallel business models.
4. Alibaba, Ant and Tencent Expand into Embodied AI on the Same Day
On September 20, Zhishen Technology announced the completion of a several-hundred-million-yuan Series B round led by Stone Venture of the UAE; as of June this year, the company had produced more than 15,000 units cumulatively, with annual capacity for its self-developed CHAMP series joint modules exceeding 1 million pieces. On the same day, Alibaba took a stake in embodied AI robot developer Moqi Intelligence, Ant invested in Tianji Intelligence, which focuses on MEMS joint torque sensors, and Qiyuan Robot partnered with Tencent Cloud, integrating its personal robots into the WorkBuddy platform as the first embodied AI company to do so. Within a single day, capital or ecosystem moves appeared across four links: complete machines, embodied brains, core components and consumer-grade products.
5. CSI HK Connect AI Application Index Officially Launched
On September 21, China Securities Index Co., Ltd. officially launched the CSI HK Connect AI Application Index, providing a unified performance benchmark for Hong Kong-listed AI application names. Industry weekly reports from several brokerages show that the AI industry chain's net profit attributable to shareholders grew 91.6% year on year in the first half of 2026, far outpacing the 8.0% growth in non-AI fields, underscoring continued earnings delivery.
IV. Profiles of Representative AI Concept Stocks
|
Company Name |
Stock Code |
Industry Position |
Main Product Lines & Business Overview |
|
BIRENTECH |
06082.HK |
China's pure-play leader in high-end general-purpose GPU (GPGPU) |
Founded in 2019 and listed on the HKEX in January 2026 as the "first GPU stock in Hong Kong", the company focuses on GPGPU chip R&D and sales, competing head to head with NVIDIA in data center grade AI training and inference GPUs. It has launched the BR106 and BR110 core chips and the BR166 chip co packaged via Chiplet technology, offering a complete solution encompassing GPGPU hardware and the BIRENSUPA software platform. Its products have been deployed across multiple domestic AI computing clusters, with the next generation BR20X chip planned for 2026. |
|
BLACK SESAME |
02533.HK |
Leading provider of automotive grade computing SoCs and SoC based solutions for intelligent vehicles |
Founded in 2016 and listed on the HKEX in 2024 as the "first smart car AI chip stock", the company offers the Huashan series (assisted driving) and Wudang series (cross domain computing). Huashan A1000 has been integrated into models from Geely, BYD and others; Wudang C1200 advanced to mass production in 2025; Huashan A2000 is the world's first 7nm panoramic high compute chip. 2025 revenue reached RMB 822 million, up 73.4% YoY. |
|
XIAOMI-W |
01810.HK |
Full-stack AI technology giant anchored by the "Human x Car x Home" ecosystem |
Its foundational model family MiMo has entered the top tier of global open-source models; MiMo-V2-Pro features over 1 trillion parameters, while MiMo-V2.5-Pro tied for 1st globally among open-source models with a score of 54 on the Artificial Analysis composite index. AI capabilities fully power the "Human x Car x Home" ecosystem, driving iterative upgrades in the CyberOne humanoid and CyberDog bionic quadrupeds. Multimodal computer vision, force-control algorithms, and automated dispatch logics are deeply integrated into dark-factory production and flexible manufacturing. |
|
BABA-W |
09988.HK |
China's cloud and AI leader |
The company has released several new models, including Qwen3.6-Plus, with the Qwen LLM surpassing 1.4 trillion Tokens in daily API calls, setting a new global record for daily calls on third-party platforms. The Qwen consumer-facing application has exceeded 300 million MAU and has been integrated into the smart cabins of multiple automakers. It consistently ranks at the forefront in international benchmark evaluations for coding and agentic capabilities. Its business layout seamlessly matches the trend of scaled procurement of computing power and model APIs by government and enterprise clients. |
|
TENCENT |
00700.HK |
An Internet tech giant with a national-scale application ecosystem and the platform provider with the broadest LLM implementation scenarios in China |
The Hunyuan LLM ranks highly in evaluations on third-party platforms such as OpenRouter. The model continues to deepen its integration into national-level social applications, Tencent Meeting, and the cloud-based collaborative office ecosystem. Backed by a massive MAU base and the Tencent Cloud intelligent computing service system, the company is accelerating the delivery of AI solutions to B2B clients in government and finance, continuously expanding enterprise-level application scenarios. |
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