HK Stock Market Move | The government work report proposes to nurture industries such as brain-machine interfaces. NANJING PANDA (00553) briefly rose by nearly 29%.

Concept stocks related to brain-machine interfaces are surging in intraday trading. As of the time of writing, NANJING PANDA (00553) is up 27.52% at HK$6.21; BRAINAURORA-B (06681) is up 11.08% at HK$4.61; MICROPORT NEURO (02172) is up 6.48% at HK$11.18; HEARTCARE-B (06609) is up 6.01% at HK$44.08. On the news front, the Fourth Session of the Fourteenth National People's Congress opened at the Great Hall of the People on the morning of the 5th. It is worth noting that the government work report introduced at the meeting proposed to cultivate and expand emerging industries and future industries by establishing a risk-sharing mechanism for future industry investment and fostering the development of future industries such as brain-machine interfaces. A previous report by Northeast pointed out that the brain-machine interface industry is currently at a key transition point from "technical verification to commercialization in the early stages," with the medical rehabilitation field leading the way in achieving large-scale implementation due to rigid demand and policy support. It is recommended to focus on three types of targets: leading companies in the commercialization of non-invasive products; targets with clinical breakthroughs in invasive/interventional technologies; and core component suppliers in the industry chain.