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HKG:6082.HK 2 February 2026

Shanghai Biren Technology Class H shares slide as new IPO stock hits tape in Hong Kong

Shanghai Biren Technology Class H shares slide as new IPO stock hits tape in Hong Kong

Shanghai Biren Technology Class H shares fell 2.1% to HK$34.06 in early Hong Kong trading Monday after 42.7 million over-allotment shares began trading. The new supply follows the full exercise of the IPO’s greenshoe option, raising an extra HK$821.9 million for the company. Investors are watching if the stock can hold gains through the Feb. 2 close as the float expands.
2 February 2026
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Stock Market Today

  • Arabica Coffee Prices Decline as Brazil Coffee Crop Outlook Brightens
    March 18, 2026, 2:34 PM EDT. Arabica coffee prices fell amid forecasts of a record Brazil coffee crop for 2026/27, with production estimates raised by StoneX to 75.3 million bags. Rising inventories on the ICE futures exchange, hitting a 5.5-month high, added pressure. Conversely, robusta coffee gained on tighter inventories and supply concerns. The closure of the Strait of Hormuz disrupted global shipping, boosting prices through increased transport costs. Brazilian rainfall eased crop concerns, while export data showed declines in February volumes, adding supply uncertainty. Vietnam's rising robusta production and exports exerted bearish pressure on robusta prices. Global coffee output is expected to reach a record 180 million bags next season, per Rabobank, underscoring the supply outlook that continues to weigh on coffee markets.
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