Movement Alert|XUNCE Rises 5.11% in Regular Trading, Northeast Securities Initiates Coverage with Overweight Rating Amid Interim Profit Alert

Market Focus
Aug 04

On August 4, XUNCE rose 5.11% in regular trading, reaching HKD 124.0 per share, with turnover of approximately HKD 58.77 million.

On the news front, Northeast Securities initiated coverage of XUNCE on August 3 with an Overweight rating, citing AI data infrastructure demand release and Token model migration as dual growth drivers. The broker highlighted that Token revenue contribution is the core variable for future revenue quality and valuation logic.

Additionally, the company previously issued a positive profit alert for H1, projecting revenue of approximately RMB 967 million, surging 389% year-over-year to a record high for the period. Attributable net profit reached approximately RMB 72.51 million, marking the company's first-ever half-year profitability, versus a net loss of RMB 89.43 million in the prior-year period. Adjusted net profit was RMB 67 million, a significant turnaround driven by accelerated TokenOS deployment and exponential growth in Token usage volume, with June Token business ARR rising 410% quarter-over-quarter.

(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.)

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