HK Stock Market Move | VOICECOMM(02495) rose more than 10% in early trading, with the company recently winning a large contract worth 300 million yuan in the "AI+ elderly care" sector.

VOICECOMM (02495) rose more than 10% in the morning session. As of the writing of this article, it was up 9.61%, trading at HK$61, with a turnover of HK$239.798 million. In recent news, VOICECOMM announced that it had won the bid for the "Chuannan Zhigu Artificial Intelligence Vertical Large Model Innovation Platform - Silver-haired Economy Construction and Operation Project" in Neijiang City, Sichuan Province, and had signed a contract with Neijiang High-tech Investment Service Co., Ltd. The total amount of the project bid is close to 300 million RMB. Public data shows that VOICECOMM is a Chinese information technology solutions provider, offering enterprises a one-stop enterprise-level intelligent interaction experience based on integrated communication technology, core interactive artificial intelligence technology, and self-controllable product engines. The company announced last month that it plans to raise HK$310 million through discounted rights issue, with around 50% of the funds to be used for research and development to enhance the company's technological capabilities and improve product innovation.