On July 7, Xunce (03317.HK) rose 5.04% in regular trading, trading at HKD 120.3/share, with turnover of HKD 127 million, extending the strong momentum from the previous session.

The rally was driven by the company's strategic partnership with TCL subsidiary Gechuang Dongzhi to co-build the first Manufacturing Token Factory, marking a significant milestone in expanding its data tokenization capabilities into the industrial intelligent manufacturing sector. The collaboration will leverage Xunce's real-time AI data infrastructure and full-stack Token technology system alongside Gechuang Dongzhi's deep expertise in high-end manufacturing scenarios.

Adding to the bullish sentiment, the company's May Token ARR surged 320% month-over-month, with Token-based paid revenue surpassing 5% of total revenue. Furthermore, the company recently announced a combined financing package of HKD 2.35 billion through convertible bonds and share placement. The stock has been recovering steadily from the placement-related selling pressure experienced on July 3, when shares initially dropped over 13% before stabilizing.

(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.)