On June 20th, Hua Tai Securities issued an initiation report, assigning a 'Buy' rating to XUNCE (HKEX: 03317), a domestic leader in real-time data often compared to Palantir, with a target price of HK$240.08. The firm is optimistic that the company will continue to deliver high earnings growth and unlock long-term growth and valuation potential, supported by its robust real-time data technology, cross-industry expansion opportunities, and token-based billing business model.

The report clearly states that XUNCE, as a leading domestic player in scenario-based tokens comparable to Palantir, leverages the strong technological and client barriers built within the asset management sector. It is actively advancing the replication and deployment of its solutions across various industries. Simultaneously, through its TokenOS, it has achieved a business model upgrade to token-based billing, which is driving revenue growth.