HK Stock Market Move | Zunshan (03317) continues to rise by over 6% to a new high, plans to enter into a strategic partnership with GOLDSTREAM INV to promote the development of real-time data infrastructure, and so on.

XunCe (03317) continued to rise by over 6%, reaching a new high of HK$68 during the trading day. As of the time of writing, it has increased by 6.88% to HK$66.8, with a trading volume of HK$4.782 million. In terms of news, XunCe announced that, considering the potential strategic alignment between the company and GOLDSTREAM INV, the company entered into a non-legally binding strategic cooperation framework agreement with GOLDSTREAM INV on January 13th. The strategic cooperation between the two parties aims to: advance the development of real-time data infrastructure to support the digital transformation of investment research, trading, and risk management; promote the innovation and commercialization of wealth management-related technology products. This includes the application of real-time data technology in intelligent valuation, risk monitoring, and compliance, as well as the development of standardized SaaS solutions for clients in different industries; exploring investment opportunities in data infrastructure, artificial intelligence, and other financial technology projects to nurture a fusion of the "data + capital" ecosystem. The board of directors believes that the proposed strategic cooperation with GOLDSTREAM INV will provide the company with further opportunities for diversified sources of income, and deems entering into the strategic cooperation agreement to be in the overall best interest of the company and its shareholders.