HK Stock Market Move | STAR SPORTS MED (01609) surged over 12% during trading as its wireless handheld planing system received the first certification (set) from Beijing.

STAR SPORTS MED (01609) rose more than 12% during trading, and as of the time of publication, it was up 10.38%, priced at HKD 150, with a transaction volume of HKD 13.2427 million. Recently, STAR SPORTS MED's self-developed integrated wireless handheld milling system (model: WP-100) was successfully included in the "Catalog of Major Technical Equipment for the First Set (Batch) in Beijing for 2026." This follows the certification of the "carbon fiber composite polyether ether ketone tape anchor," marking another achievement for the company in the medical health field with regards to the first set of major technical equipment certification. This signifies a significant breakthrough for STAR SPORTS MED in the field of sports medicine and highlights the company's strong capabilities in independent innovation. Public information shows that STAR SPORTS MED is a leading provider of comprehensive solutions in sports medicine in China, focusing on the research, production, and commercialization of sports medicine implants, surgical equipment, and related consumables. The company's products are primarily used for the repair and reconstruction of soft tissue injuries in joints such as the shoulder, knee, hip, and ankle, and also offer comprehensive solutions for sports rehabilitation and prevention. According to data from Frost & Sullivan, based on sales revenue in 2024, STAR SPORTS MED ranks as the fourth largest supplier of sports medicine implants and devices in China, and the largest among domestic manufacturers, with a market share of 6.5%.