BUZZ-China's ClouDr rises to 4-month high on medical AI integration with DeepSeek-R1 model

Reuters
06 Feb
BUZZ-China's ClouDr rises to 4-month high on medical AI integration with DeepSeek-R1 model

** Shares of Chinese medical services provider ClouDr Group Ltd 9955.HK jump as much as 27.3% to HK$2.05, their highest since October 8, and on course for a third straight session of gains

** Stock set for the biggest one-day pct rise since October 2, 2024, if gains hold

** The provider of medical supplies and software-as-a-service (SaaS) products to hospitals and pharmacies announces the integration of its medical artificial intelligence $(AI)$ ClouDr Brain with DeepSeek-R1 model

** Says the integration will enhance efficiency of chronic condition management of its hospital and pharmacy SaaS, and will strengthen data mining capability of its ClouDr Brain and accelerating ClouDr Brain's application in chronic condition management

** Hang Seng Tech Index .HSTECH adds 0.3%, while Hang Seng Commerce & Industry Index .HSNC and Hang Seng Index .HSI both climb 0.1% each

** ClouDr Group stock lost 82.5% last year

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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