Movement Alert|Xunce Technology Rises 6.86% in Regular Trading, Signs Strategic MOU With Xinchen Kechuang to Advance Private Equity Tokenization

Market Focus07-20

On July 20, Xunce Technology rose 6.86% in regular trading, trading at 94.9 HKD/share, with turnover of approximately 25.18 million HKD.

On the news front, the company announced on July 19 that it has formally signed a strategic cooperation memorandum of understanding with Qingdao Xinchen Kechuang Industrial Co., Ltd. Under the agreement, both parties will leverage platforms including TokenOS to collaborate on data tokenization and AI application scenarios in the private equity investment space, jointly building next-generation AI-native and Token-native fund management infrastructure.

Xinchen Kechuang operates across multiple business segments including angel investment, venture capital, private equity, M&A restructuring, and securities investment. This partnership marks a breakthrough for Xunce in extending its data tokenization capabilities into the private equity domain. The company reminded investors to exercise caution when trading its shares, noting that specific business cooperation details remain subject to further negotiation and formal contract execution.

(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.)

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