Shares of iHuman Inc. (NYSE: IH) surged 6.99% on Wednesday, closing at a new high for the year. The Chinese artificial intelligence company's stock rally was driven by increased investor interest following its participation in the Deutsche Bank Depositary Receipts Virtual Investor Conference on September 24th.
At the online conference, iHuman executives shared insights into the company's growth strategy and fielded questions from investors. The presentation showcased iHuman's cutting-edge AI technologies and its plans to expand into new markets, fueling optimism about the company's future prospects.
Analysts noted that iHuman's inclusion in the high-profile investor event alongside other leading international companies helped raise its profile among global investors. The virtual conference provided a platform for iHuman to directly engage with institutional and retail investors, potentially boosting confidence in the stock.
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