Xunze, a software developer that develops a data collation and analysis platform for financial institutions, soared 26.3% in early Monday trading. The company previously announced that in the first half of the year, profits due to parent company owners were estimated to be about RMB 72.51 million, while parent company owners should account for losses of RMB 89.43 million for the same period last year. The year-on-year shift to profit was mainly due to the steady increase in the profit share of high-profit businesses; the release of scale effects of platform-based and modular product architectures and improvements in operating efficiency; optimization of R&D expenses, sales expenses, and administrative expenses compared to the same period last year; and improvements in capital management efficiency, which contributed to incremental returns and increased profits during the period. *Xunze has soared by 134.3% so far this year, while the Hang Seng Index.HSI rose 1% during the same period.

Xunze, a software developer that develops a data collation and analysis platform for financial institutions, soared 26.3% in early Monday trading. The company previously announced that in the first half of the year, profits due to parent company owners were estimated to be about RMB 72.51 million, while parent company owners should account for losses of RMB 89.43 million for the same period last year. The year-on-year shift to profit was mainly due to the steady increase in the profit share of high-profit businesses; the release of scale effects of platform-based and modular product architectures and improvements in operating efficiency; optimization of R&D expenses, sales expenses, and administrative expenses compared to the same period last year; and improvements in capital management efficiency, which contributed to incremental returns and increased profits during the period. *Xunze has soared by 134.3% so far this year, while the Hang Seng Index.HSI rose 1% during the same period.