HK Stock Market Move | BRAINAURORA-B (06681) rose more than 8% in morning trading; six government departments issued a document to accelerate the application of brain-computer interfaces in the elderly care sector.

BRAINAURORA-B (06681) rose more than 8% in morning trading. As of press time, it was up 6.12% at HK$1.475, with turnover of HK$91.1407 million. On the news front, on November 6, the Ministry of Civil Affairs and five other departments issued a notice on the distribution of the "Several Measures on Cultivating Diverse Scenarios to Promote Consumption of Elderly-Friendly Products." The notice mentions promoting the application of smart elderly-friendly products. Leveraging national major science and technology projects, it calls for accelerating the application of cutting-edge technologies such as embodied intelligence, large language models, brain-computer interfaces, and exoskeletons in the elderly care sector, and for developing and upgrading intelligent devices for elderly disability care, rehabilitation nursing, and mental companionship. Public information shows that BrainAurora is a veteran participant in China's digital therapy market for cognitive disorders and the first company in China to combine brain science with advanced AI technology to develop medical-grade digital therapy products for cognitive disorders. The company's core product, the brain function information management platform software system, is China's first regulatory-approved digital therapy product for cognitive disorders.