On May 28, Xunce (03317.HK) declined 3.03% in regular trading, trading at HKD 236.0/share, with trading volume of HKD 197 million. The pullback comes as short-term profit-taking sets in following a rapid rally driven by the company's recent product launch and AI infrastructure narrative.
On the news front, Xunce officially launched TokenONE on May 25, the world's first TokenOS operating system that converts enterprises' fragmented, heterogeneous raw data into scenario-specific tokens directly callable by large language models, enabling industrial-scale AI data production. The company's vertical token pricing has reached USD 10-100 per million tokens, over ten times that of general-purpose models, with token-based ARR growing 300% quarter-over-quarter in April. The stock had surged from HKD 232.4 on May 22 to HKD 255.0 on May 27, accumulating significant short-term gains before the current pullback.
Within the IT Consulting & Other Services sector, CHINASOFT INT'L fell 3.64%, LX TECHNOLOGY fell 1.35%, and the sector broadly faced selling pressure.
(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.)