HK Stock Market Move | BRAINAURORA-B (06681) fell more than 14% in the afternoon, after its previous four trading days saw a cumulative increase of 1.25 times.

BRAINAURORA-B(06681) hit a high of 13.8 Hong Kong dollars in the early trading session, reaching a new high since its listing. However, the stock fell by over 14% in the afternoon, with a daily fluctuation of 32%. It is worth noting that the stock had been on the rise for four consecutive trading days prior to this, with a total increase of 1.25 times. As of the time of writing, the stock had fallen by 14.84% to 10.04 Hong Kong dollars, with a trading volume of 1.724 billion Hong Kong dollars. On the news front, starting from September 8th, BRAINAURORA-B has officially been included in the list of eligible stocks for the Hong Kong Stock Connect. Data shows that on September 9th, the stock received inflows of funds from the Mainland, with Mainland institutions holding 21.124 million shares as of September 12th, accounting for 1.66% of total shares. It is reported that BRAINAURORA-B is the first domestic company to develop medical-grade digital therapy products for cognitive disorders, with its core product being the first cognitive disorder digital therapy product to receive regulatory approval in China (obtained the first product registration in September 2018). It is worth noting that in the first half of this year, the company generated revenue of 100 million yuan, an increase of 92.82% year-on-year; and adjusted net loss of 88.022 million yuan, an increase of 11.64% year-on-year.