On August 28, XUNCE rose 5.22% in regular trading, trading at 132.9 HKD/share, with turnover of approximately 19.72 million HKD.
On the news front, Deutsche Bank recently maintained its Buy rating on XUNCE with a target price of 351 HKD, expressing confidence in the company's Token business model and vertical industry deployment. Additionally, management stated during an investor briefing on August 25 that Token business revenue contribution is expected to reach 20%-30% in the second half, positioning it as a core incremental growth driver.
The company reported H1 revenue of 967 million yuan, surging 389% year-over-year, with attributable net profit of 72.51 million yuan, achieving its first half-year profitability. Customer ARPU rose 240% to 5.56 million yuan, while Token business revenue contribution has already exceeded 10%. The current rally appears driven by institutional bullish consensus resonating with management's positive forward guidance, continuing to repair market expectations following a prior pullback.
(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.)