
Understanding the Market | SENSETIME-W rose over 4% during trading, and its subsidiary SenseTime Medical recently announced the completion of Pre-A round financing

SENSETIME-W's stock price rose more than 4% during intraday trading, with an increase of 3.47% as of the time of publication, priced at HKD 1.78, with a transaction volume of HKD 633 million. SENSETIME Medical recently announced the completion of its Pre-A round of financing, raising over 100 million yuan, led jointly by Yingfeng Holdings and an investment platform under the People's Medical Publishing House. This financing will be used to promote the research and commercialization of medical large models and smart hospital solutions. Minsheng Securities pointed out that the influx of quality funds into the AI + medical sector demonstrates the potential for the development of artificial intelligence in the healthcare industry
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