Neuralink's First Human Subject Achieves OTA Upgrades for Brain-Computer Interface; Medical Equipment ETF (159873) Doubles in Size Over 20 Days, Receives ¥50M Inflows Today

On January 21, the three major indices rose collectively, with the medical equipment sector showing active performance. As of press time, the CSI All Share Healthcare Equipment & Services Index (H30178) was up 0.53%. Among the constituent stocks of this index,TINAVIRose by over 14%,Bioperfectus TechnologiesRose by over 9%,Sanyou MedicalRose by over 6%.

Regarding related ETFs, as of press time,Medical Equipment ETF (159873) recorded a turnover exceeding RMB 16 million, with 5 million units subscribed during the trading session.In terms of capital flows, as of January 20, the ETF had recorded net inflows for nine consecutive trading days, with a cumulative net inflow of RMB 117 million. Regarding fund size, the ETF’s assets under management doubled over the past 20 days (December 22, 2025 – January 20, 2026), reaching a latest circulating scale of RMB 233 million.

Medical Equipment ETF (159873) closely tracks the CSI All Share Healthcare Equipment & Services Index (H30178.CSI). The CSI All Share Healthcare Equipment & Services Index selects fromCSI All Share IndexSelect listed companies within the industry that correspond to the healthcare theme.SecuritiesAs index constituents, reflecting listed companies in this sectorSecuritiesoverall performance.

In terms of news,According to the National Business Daily, on January 20, Nolan Arbaugh, the first subject worldwide to receive a Neuralink brain-computer interface implant, recently stated that the module in his brain has already been able toTeslaLike cars, wireless upgrades are performed via remote OTA (Over-The-Air). Without surgery, the brain can also be upgraded online, just likeTeslaOTA is much the same. This marks the first time in human history that the brain can undergo infinite iterations, just like smartphone or automotive systems. Bugs no longer require craniotomy for repair; a simple version update can completely fix them! Performance improvements are delivered purely via over-the-air updates. Merge Labs, a Silicon Valley startup that operated under the radar for several months before its recent unveiling, has secured $252 million in seed funding from investors including OpenAI. Sam Altman is one of the co-founders, collaborating with other top researchers such as Alex Blania.

Guotai HaitongSecuritiesIt is pointed out that the scale of bidding and tendering for medical equipment continues to grow robustly. With the continuous implementation of equipment renewal policies, the procurement level of medical equipment is expected to be driven upward over a long-term cycle. We recommend medical equipment enterprises likely to benefit from policy-driven performance recovery.

(Source: 21st Century Business Herald)