On August 5, XUNCE rose 6.05% in regular trading, trading at 147.2 HKD/share, with turnover of HKD 179 million. The stock extended its multi-day rally as market sentiment continued to build around dual catalysts.
On the news front, the company previously issued an interim profit alert projecting H1 revenue of approximately RMB 9.67 billion, surging 389% year-over-year to a record high. Net profit attributable to shareholders reached approximately RMB 72.51 million, marking the first-ever half-year profitability versus a loss of RMB 89.43 million in the prior period. Additionally, Northeast Securities initiated coverage with an Overweight rating, citing AI data infrastructure demand and Token model migration as dual growth drivers. The broker highlighted that June Token business ARR surged 410% quarter-over-quarter, with Token revenue share identified as the key variable for valuation re-rating. The combination of strong earnings turnaround and institutional endorsement has sustained buying momentum into the current session.
(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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