XUNCE (03317) rose nearly 18%, reaching a 17.67% increase to HKD 269 at the time of writing, with a trading volume of HKD 1.181 billion.

Since the beginning of the year, the penetration rate of Agentic AI has continued to rise, driving growth in Token consumption. According to the National Data Administration, China's Token consumption is experiencing exponential growth. Daily Token consumption in China was approximately 100 billion at the beginning of 2024, surpassing 140 trillion by March 2026, representing an increase of over 1,000 times in two years.

Morgan Stanley noted that China's artificial intelligence is entering a new phase, shifting from catching up on technological capabilities to capturing value. The focus is moving from training to inference, from technology to application, and from potential to actual profitability.

Data shows that as of April 2026, XUNCE's Token-calling ARR surged 300% quarter-over-quarter, with Token-paid revenue exceeding 5% of total revenue. The annual target is to increase this proportion to the 20%-30% range.

Additionally, it is worth noting that XUNCE's high-value scenario Tokens are gaining increasing market recognition. Currently, the company's vertical Token pricing ranges from USD 10 to USD 100 per million Tokens, which is over ten times higher than similar products from Anthropic.