DISTINCT HEALTH (02677.HK) 0.000 (0.000%) was listed today (6th). Chief Technology Officer (CTO) Zhao Tianbin said in a media interview that the funds raised from the listing will primarily be used to upgrade existing outlets to enhance services and to explore various mergers and acquisition (M&A) opportunities.The Company is backed by TENCENT (00700.HK) +1.000 (+0.188%) Short selling $494.04M; Ratio 12.869% , and Zhao disclosed that it will collaborate with TENCENT on AI technology, while also partnering with other enterprises possessing cutting-edge AI technologies. Related NewsCMSI: Domestic Model Iteration Accelerates, Aiding Valuation Recovery in HK Tech Sector; Top Picks BABA/ TENCENT/ OthersThe Company's operations are focused on mainland China, with business expansion into Singapore and Malaysia. Zhao added that the Company is still exploring overseas markets and will adjust its business strategy as needed.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-02-16 12:25.)