Hong Kong Market Movement: AI Stocks Rally Strongly as Global Markets Surge, XUNCE (03317) Leads with Over 8% Morning Gap Up

Stock News09:34

Overseas markets rallied broadly as signals emerged of easing tensions in the Middle East, driving a rebound in artificial intelligence-related stocks. Japanese and South Korean equities rose sharply, lifted by the AI sector's momentum. AI concept stocks in Hong Kong also opened higher across the board, with XUNCE (03317) leading the gains. As of writing, XUNCE was up 8.66% at HK$217, with a turnover of HK$16.6656 million.

On the news front, the World Data Organization (WDO), the first international body dedicated to advancing data development and governance practices, was officially established in Beijing on March 30. The organization aims to "bridge the data divide, unleash data value, and foster a thriving digital economy." With the formation of the WDO, global data governance and circulation now have a new platform for coordination.

As a representative enterprise in China's real-time AI data infrastructure sector, XUNCE Technology is well-positioned to leverage this international mechanism to accelerate the deployment of its tokenized data services in overseas markets. It is reported that XUNCE is accelerating its transition from project-based and subscription models to a token-based payment system. Token-based fees already account for 5% of revenue, with expectations to rapidly increase to 20–30% by 2026.

Financially, the company reported full-year 2025 revenue of RMB 1.285 billion, a year-on-year increase of 103.28%, marking the first time it has surpassed the RMB 10 billion threshold. In the second half of the year, adjusted net profit reached RMB 50.13 million, achieving positive profitability on a semi-annual basis for the first time.

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