On August 11, XUNCE declined 5.13% in regular trading, trading at 135.7 HKD/share, with turnover of approximately 116 million HKD. The selloff reflects profit-taking pressure after the stock posted consecutive gains in prior sessions, with short-term capital moving to lock in profits.
On the news front, XUNCE had rallied over 4% on the previous trading day after announcing a strategic cooperation MOU with Jiangsu Tianhe Computing Power Technology, a wholly-owned subsidiary of Trina Solar, to collaborate on energy-sector large models, computing-electricity coordination, and energy Token factory commercialization. This partnership marked an extension of the company's data tokenization capabilities into the photovoltaic energy industry. Additionally, the company previously issued a positive profit alert forecasting H1 revenue of approximately RMB 967 million, a year-over-year surge of 389%, with attributable net profit of approximately RMB 72.51 million, achieving its first-ever half-year profitability. Northeast Securities also initiated coverage with an Overweight rating, citing dual growth logic from AI data infrastructure demand and Token model migration.
(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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