HK Stock Market Move | Zhong Ju Invest (01959) rose by nearly 14% in the morning after recently signing a memorandum of understanding with China and the United States on AI strategic cooperation. The company is deeply involved in the big health business.

ZHONG JU INVEST (01959) rose nearly 14% in the morning trading, with a rise of 13.8% as of the press release, reaching 4.7 Hong Kong dollars, with a trading volume of 5.1608 million Hong Kong dollars. In terms of news, recently, ZHONG JU INVEST announced that the company has entered into a non-legally binding and non-binding strategic cooperation memorandum with China-US International Holdings Group Limited (China-US). Both parties have agreed to cooperate in the field of health management, artificial intelligence (AI) applications, platform ecosystem building, and other related areas (cooperative business). According to the strategic cooperation memorandum, the cooperation focuses on three major pillars to promote mutual growth: using a professional health service network to provide comprehensive care; using an AI system to obtain data-driven health insights and improve operational efficiency; and building a robust, replicable infrastructure to integrate service providers, products and data. After signing the strategic cooperation memorandum, both parties will conduct relevant market analysis and industry research on the AI-driven health management platform and its service products. The board believes that the company's agreement with China-US on the strategic cooperation memorandum will allow the group to deeply engage in the big health business, enhance the group's competitiveness, and improve its financial performance and profitability, in line with the overall interests of the company and its shareholders.