January 2, 2026 at 12:27 AM UTCUpdated on January 2, 2026 at 3:06 AM UTCShares of Shanghai Biren Technology Co. surged nearly 119% in their trading debut, on track for the best first-day performance since 2021 among Hong Kong listings that raised at least $700 million.The artificial intelligence chip designer’s stock climbed to as high as HK$42.88 after the initial public offering was priced at HK$19.60, the top of an indicative range, raising $717 million in one of hottest sectors in global equ...