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2675 — Shenzhen Edge Medical News Story

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Shenzhen Edge Medical rises on AI model investment to boost surgical robotics ambitions

BUZZ-Shenzhen Edge Medical rises on AI model investment to boost surgical robotics ambitions

** Shares of Shenzhen Edge Medical 2675.HK rise 6.2% to HK$40.50, outpacing a 1.01% climb in benchmark Hang Seng Index .HSI

** The surgical robots developer says it has completed the investment in PrimalVerse (Beijing) Technology, an AI enterprise specializing in R&D of foundation models for fifth-generation multi-modal 4D world models

** "The investment will further enhance the company's capabilities in exploring the intelligent surgery field of 'AI + surgical robots' and establish a strategic foundation for the company's embodied AI surgical robot business," Shenzhen Edge says

** Since debut on January 8, stock down 7.5% from the offer price of HK$43.24 apiece

** YTD, Hang Seng Biotech Index .HSBIO down 0.7%




(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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