Stock Track | Xunce Soars 5.16% Intraday on Token Economy Transition and Deutsche Bank Target Price Upgrade

Stock Track05-13

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment