On July 29, XUNCE fell 5.08% in regular trading, trading at 102.8 HKD/share, with turnover of approximately HKD 60.54 million. The decline reflects continued profit-taking following a two-day cumulative surge exceeding 45% driven by the signing of a strategic cooperation memorandum with Hongtai Capital's parent company on July 19.

Although the company announced a strategic partnership with Shenzhen Kaihong Digital on July 26 to jointly develop HarmonyOS ecosystem data tokenization solutions, the positive catalyst failed to reverse short-term selling pressure. The stock turned negative on July 27 afternoon and extended losses of over 5% on July 28. The company remains in a loss-making state with a forward P/E ratio exceeding 480 times, while its share price has pulled back significantly from its April high of HKD 382.8, intensifying market divergence over high valuations and earnings realization.

(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.)