HK Stock Market Move | XUNCE (03317) surged over 8%, leading the AI application sector. Revenue skyrocketed 389% in the first half of the year, and the commercialization process of the token economy far exceeded expectations.

date
10:50 14/08/2026
avatar
GMT Eight
The AI application sector in the Hong Kong stock market saw broad gains in the morning session, with Xunce (03317) leading the rise with an increase of over 8%. As of the time of publication, Xunce was up 7.05%, priced at 139.7 Hong Kong dollars, with a trading volume of 376 million Hong Kong dollars.
The AI application sector in Hong Kong stocks saw a general rise in the morning session, with XUNCE (03317) leading the sector with an increase of over 8%. As of the time of publication, XUNCE rose by 7.05%, reaching HKD 139.7, with a transaction volume of HKD 376 million. In terms of news, XUNCE previously announced a profit warning, expecting revenue for the first half of the year to reach HKD 967 million, marking a year-on-year increase of 389%, and setting a new historical high for the same period; net profit attributable to the parent company is projected to be HKD 72.51 million, with adjusted net profit at HKD 67 million, both turning losses into profits. Notably, the Token business model has quickly taken shape, becoming a new engine for revenue growth. By April 2026, the annual recurring revenue (ARR) from Token utilization is expected to grow approximately 300% month-on-month, further increasing by 320% in May, and showing a quarterly growth of 410% in June. The commercialization process of the Token economy has far exceeded expectations. In the article titled Revenue Soars Nearly 4 Times Year-on-Year for the Half Year, with ARR Jumping 410% Quarter-on-Quarter! How is XUNCE (03317) Entering the Exponential Growth Path? it points out that the truly noteworthy aspect of this interim performance forecast is that it has formed a growth loop of release of AI industry demandupgrade of the Token business modelindustry replicationexpansion of platform ecosystem. As enterprises enter the stage of scaling AI implementation, XUNCE Technology is evolving from a traditional software company into an enterprise AI infrastructure platform, and its growth logic is expected to evolve from a phase of high performance growth to a more sustainable and expansive long-term growth cycle.