Xunce's stock surged 5.16% during intraday trading on Wednesday, as the company continues to attract investor interest following positive developments around its business strategy.
The sharp rise appears driven by the company's ongoing pivot to a token economy model and a significant target price upgrade from Deutsche Bank. The bank maintained a Buy rating on Xunce and raised its target price from HKD 85 to HKD 351, citing the rapid development of Agentic AI boosting demand for the company's premium data assets and the strategic shift toward a token-based monetization model.
Further supporting the bullish sentiment, Xunce's token-related Annual Recurring Revenue (ARR) reportedly surged 300% quarter-over-quarter in April. Management has set a target to increase token revenue contribution to 20%-30% of total revenue in 2026, with the company's high-value scenario tokens gaining increasing market recognition across professional use cases.
Comments