HK Stock Market Move | Brain-computer interface concept stocks surged Microport Neuro (02172) rose more than 8% Nanjing Panda (00553) rose more than 7%
Brain-computer interface concept stocks are on the rise. As of the time of writing, MicroPort NeuroTech (02172) has increased by 8.15%, reaching HK$13.53; and Nanjing Panda Electronics Co., Ltd. (00553) has increased by 7.38%, reaching HK$6.26.
Brain-computer interface concept stocks surged, as of press time, MICROPORT NEURO (02172) rose 8.15%, trading at HK$13.53; NANJING PANDA (00553) rose 7.38%, trading at HK$6.26; Lens Technology (06613) rose 5.07%, trading at HK$30.26.
On the news front, it was reported that brain-computer interface company Qiang Nao Technology has submitted a confidential IPO application in Hong Kong. Previously, Qiang Nao Technology completed a financing of about 2 billion yuan, setting the second largest financing record in the global brain-computer interface field after Neuralink. It is worth noting that Musk announced that he will start mass production of brain-computer interface devices in 2026 and promote fully automated surgical solutions, expressing confidence in helping paralyzed individuals regain full body functions.
Huafu Securities pointed out that according to precedence research, the global brain-computer interface market size is expected to reach approximately $2.62 billion in 2024, projected to increase to $2.94 billion in 2025, and is expected to grow to $12.4 billion by 2034, with a compounded annual growth rate of 17.35% over the next ten years; according to a report by the Ministry of Industry and Information Technology, the brain-computer interface market size in China is estimated to be 3.2 billion yuan in 2024, expected to reach 6.14 billion yuan by 2028. The Communist Party Central Committee has laid out plans for future industries, promoting brain-computer interface and other technologies as new drivers of economic growth. These industries are gearing up for growth, aiming to create a new high-tech industry in China over the next 10 years.
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