On June 1, Xunce (03317.HK) fell 4.32% in regular trading, trading at HKD 212.8/share, with trading volume of HKD 142 million.

On the news front, Xunce surged approximately 10x from HKD 38 to HKD 380 over roughly 120 trading days, earning the market title of the Token First Stock. Following the company's launch of TokenONE, the world's first TokenOS operating system, on May 25, short-term profit-taking has driven sustained selling pressure, with the stock pulling back sharply from its highs. The stock had already declined from HKD 255 on May 27 through multiple consecutive sessions of losses.

Within the IT Consulting and Other Services sector, individual stocks showed clear divergence. CHINASOFT INTL rose 9.19%, LX TECHNOLOGY gained 2.51%, and VOICECOMM added 1.84%, while Xunce continued to underperform peers significantly. Analysts have noted that the current valuation lacks a margin of safety given the stock's elevated price-to-earnings multiples relative to near-term profitability.

(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.)