On July 15, Xunce Technology (03317.HK) rose 5.3% in regular trading, trading at HK$95.05 per share, with turnover of approximately HK$95.73 million, extending the rebound momentum from the previous session.
On the news front, the company announced on July 12 that it signed a strategic cooperation memorandum of understanding with Italy's Lutech S.p.A. Under the agreement, both parties will jointly develop AI transformation solutions compliant with EU data sovereignty principles for the European market and collaborate on the commercial deployment of an AI Token Factory — marking the first overseas landing of the company's TokenOS operating system. Domestically, Xunce's Token Factory business has expanded horizontally into physical AI, connected vehicles, quantum computing, domestic computing power, and industrial manufacturing, driving May Token ARR to surge 320% month-over-month, with Token-based revenue share exceeding 5%. The stock had previously been under heavy selling pressure after falling more than 20% below its July 10 placement price of HK$107.70, and the current rebound reflects improving sentiment supported by accelerating business execution and international expansion catalysts.
(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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