Shares of Xunce Technology (03317) experienced a significant intraday increase, rising more than 13%. At the time of writing, the stock was up 10.19% to HK$136.3, with a turnover of HK$612 million.
The rally follows recent news that the company has entered into a comprehensive strategic partnership with Qingdao Xinchen Technology Innovation Industrial Co., Ltd., the parent company of Hongtai Fund. This collaboration marks the first entry of Xunce's TokenOS data tokenization capabilities into the private equity investment sector.
The two parties will engage in deep cooperation across key areas including data tokenization governance, the implementation of enterprise small models, and token commercialization.
Analyst Perspective on Growth Drivers
Analysts view Xunce as a leading domestic player in scenario-based tokenization, comparable to Palantir. The company is seen as leveraging the high technological and client barriers established in the asset management sector to drive replication of its solutions across various industries.
The launch of TokenOS is considered a pivotal upgrade to a token-based billing business model, which is anticipated to accelerate revenue growth. The company's prospects are bolstered by its core real-time data technology, the potential for cross-industry expansion, and the new token-based fee structure.
This combination is expected to support the delivery of strong earnings performance and unlock significant long-term growth potential and valuation upside.
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