Movement Alert|BrainAurora-B Intraday Decline 5.12% in Regular Trading, Pullback Following Prior Session Surge on Brain-Computer Interface Milestone

Market Focus05-20

On May 20, BrainAurora-B fell 5.12% in regular trading, trading at HK$3.89/share, with trading volume of HK$129 million. The decline comes after the stock surged as much as 50% in the prior session.

The previous session's rally was driven by China officially launching its first 128-channel fully implanted brain-computer interface (BCI) system multi-center clinical trial on May 18. The trial, led by Capital Medical University-affiliated Beijing Tiantan Hospital with 11 medical institutions participating, plans to enroll 32 patients within six months. The milestone marks China's self-developed fully invasive BCI technology entering the clinical translation stage, targeting rehabilitation for quadriplegic patients. The system features cortical implantable flexible electrodes using ultra-thin biocompatible materials with high spatiotemporal resolution for single-neuron action potential capture.

Institutions have noted that the BCI industry is at a critical juncture transitioning from laboratory breakthroughs to commercial deployment, with market scale potentially expanding from tens of billions to hundreds of billions in the long term.

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