On June 2, XD Inc. rose 5.31% in regular trading, trading at 56.65 HKD/share, with trading volume of approximately 81.55 million HKD.

On the news front, Huachuang Securities recently initiated coverage on XD Inc. with a Strong Buy rating and a target price of 100.9 HKD, implying significant upside from the current share price. The in-depth report highlighted the company's continuously validated game development capabilities and the thriving ecosystem of its TapTap platform.

Additionally, the company has been actively repurchasing and cancelling shares. According to its monthly share movement report filed on June 1, total issued shares decreased from 492.43 million at the beginning of May to 489.30 million by month-end, a reduction of 3.13 million shares, signaling management confidence in the company's intrinsic value.

On fundamentals, XD Inc. reported full-year revenue of 5.76 billion RMB, representing a 15% year-over-year increase, maintaining a steady growth trajectory.

(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.)