On July 28, XUNCE fell 5.12% in regular trading, trading at 115.4 HKD/share, with turnover of approximately 90.43 million HKD.

On the news front, the company announced on July 26 a strategic cooperation agreement with Shenzhen Kaihong Digital Industry Development to jointly develop AI-powered data infrastructure and tokenization technologies for HarmonyOS smart terminal operating systems, targeting sectors including energy, water utilities, agriculture, and smart cities. While the news briefly pushed the stock up 6.31% on July 27 morning, gains were fully reversed by afternoon.

The stock had previously surged over 45% in two days following a cooperation memorandum with Hongtai Capital's parent company on TokenOS deployment in private equity. The rapid run-up intensified profit-taking pressure. XUNCE remains in a loss-making state with cumulative R&D spending exceeding 1.6 billion yuan over four years and a forward PE ratio above 480x, amplifying market divergence over high valuations versus earnings delivery.

(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.)