Changes in Hong Kong stocks | Xunce (03317) bottomed out and rallied more than 10% in the afternoon, and a blockbuster combination hit the ground!

The Zhitong Finance App learned that Xunce (03317) bottomed out today and rose more than 10% in the afternoon. As of press release, it had risen 5.24% to HK$88.35, with a turnover of HK$234 million.

According to the news, Xunze recently issued two major announcements, which attracted widespread attention in the market: first, the company has completed a new round of placement and convertible bond transactions, successfully raised about HK$2.35 billion, and introduced a number of global first-tier institutional investors and top sovereign funds to further optimize the shareholder structure; second, the company and Lutech, a leading European digital and artificial intelligence service provider, will jointly develop a scenario token factory to promote the deployment of TokenOS, the core product of Xunce Technology, in Europe, and the share of overseas revenue is expected to increase further throughout the year.

Furthermore, the Xunze Token factory has expanded horizontally into various fields such as physical AI, intelligent connected vehicles, quantum computing, domestic computing power, and industrial intelligent manufacturing in China, driving Token ARR to soar 320% month-on-month in May, with intensive coverage of many leading brokerage firms. The pace on the industrial side is accelerating, capital market consensus is heating up, and expectations for the share of overseas revenue are rising — Xunce Technology has stood at the center of the Token economy moving from China to the global industry, building a fulcrum for a bottoming rebound.