China's 160 Health jumps on new business integrating healthcare, AI power
BUZZ-China's 160 Health jumps on new business integrating healthcare, AI power ** Shares of 160 Health International 2656.HK jump 27.8% to HK$10.93, set for the biggest one-day pct gain since May 8
** Stock hits the highest level since August 17, on track to snap three straight falling sessions
** Pharmaceutical and digital healthcare and wellness solutions provider says it has completed delivery of an integrated solution to a healthcare enterprise, which focus on R&D of smart wearable health devices, and has obtained acceptance document from the client
** The successful delivery and acceptance of the solution represent an important exploration and a key milestone for the group's new business direction in integrating healthcare with AI computing power - company
** Company provides the client with an integrated solution including a smart health monitoring system, computing power infrastructure and integrated debugging services
** YTD, stock down 81.5%, while Hang Seng Biotech Index .HSBIO up 8.3%
(Reporting by Donny Kwok)
Recent news on 160 Health International
See all newsBrief: 160 Health International Unit Enters First Sales Contract With Partner For Rmb42 Million
Brief: 160 Health International Signs Strategic Cooperation Framework Agreement
Brief: 160 Health International Announces Introduction Of New Business Integrating Healthcare With AI Computing Power
China's 160 Health jumps on new business integrating healthcare, AI power
Brief: 160 Health Sees H1 Net Profit In 1-3 Mln Yuan Range Vs 19.6 Mln Yuan Loss A Year Ago