Movement Alert｜XUNCE Rises 5.25% in Regular Trading, TokenCloud AI Platform Launch Combined with Index Inclusion Catalysts

Market Focus09-04 09:43

On September 4, XUNCE rose 5.25% in regular trading, trading at 135.6 HKD/share, with turnover of approximately 88.70 million HKD.

On the news front, the company officially launched TokenCloud, a one-stop AI model training and inference computing platform on September 3. The platform integrates software and hardware to connect the full value chain from data to Token, completing the company's \"computing power-data-Token-model-application\" end-to-end capability framework. This marks a strategic upgrade from data infrastructure provider to full-stack AI service platform. The platform targets key enterprise pain points including computing power shortages, model selection complexity, hardware matching difficulties, and deployment challenges as AI adoption shifts from proof-of-concept to engineering-scale deployment.

Additionally, XUNCE was recently included as a constituent of the HKEX Tech 100 Index following the September quarterly rebalance, which is expected to attract passive fund allocation. The company reported strong H1 results with revenue surging 389% year-over-year to 967 million yuan and attributable profit of 72.5 million yuan, reversing the prior-year loss. Deutsche Bank maintained a \"Buy\" rating with a target price of 351 HKD.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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