Huatai Securities initiates coverage on Xunce Technology (03317) with a "buy" rating and a target price of HK$240.08, optimistic about TokenOS opening a new paradigm of AI data services.

Zhitong Financial APP learned that on June 20, Huatai Securities released its first coverage research report, giving a "buy" rating to Xunce Tech (03317), the domestic counterpart of Palantir in real-time data, with a target price of 240.08 Hong Kong dollars. The company is optimistic about the company's high growth performance based on core real-time data technology, cross-industry expansion dividends, and a business model based on Token billing, opening up long-term growth and valuation ceiling opportunities.