Movement Alert｜Health 160 Rises 8.39% in Regular Trading, Frost and Sullivan Certifies Company as No.1 AI Hospital Operations Service Provider in China

Market Focus

Jun 29

On June 29, Health 160 (02656.HK) rose 8.39% in regular trading, trading at 10.79 HKD/share, with turnover of approximately 24.66 million HKD.

On the news front, Frost & Sullivan recently published a report certifying Health 160 as the top-ranked AI hospital operations service provider in China, measured by both hospital contract volume and deployed scenario count. As of end-April, the company's 160AI Hospital platform had cumulatively signed 120 public medical institutions, including 66 top-tier (Grade III-A) hospitals representing 55% of the total, and 97 Grade III or above hospitals accounting for 80.8%.

The company operates a dual-revenue model combining SaaS subscriptions with approximately 10% revenue sharing on online non-medical-insurance GMV. In a benchmark Grade III-A hospital case, online self-pay project GMV achieved a monthly compound growth rate of 155.7%, demonstrating the commercial loop has been initially validated. The certification reinforces the company's strategic transition from an online registration portal to an AI-powered hospital operations service provider.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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