HK Stock Market Move | XUNCE(03317) rose by nearly 16% in early trading and reached a comprehensive strategic cooperation with Xincheng Technology Innovation to create a benchmark for the landing of Token in the fund industry.
Suntec (03317) rose nearly 16% in the morning session, and as of the time of writing, it was up 14.49% to HKD 104.3, with a trading volume of HKD 1.49 billion.
XUNCE (03317) rose by nearly 16% in early trading, up 14.49% as of press time, to 104.3 Hong Kong dollars, with a turnover of 1.49 billion Hong Kong dollars.
On the news front, XUNCE recently announced that it has officially reached a comprehensive strategic cooperation with the parent company of Hongtai Fund, Qingdao Xincheng Kechuang Industry Co., Ltd. This collaboration is not a regular business connection between XUNCE and investment institutions, but a significant strategic move for its core product, TokenOS, to transition from the underlying data infrastructure to a full-business scenario operating system for private equity funds. It also aims to create a complete benchmark sample for the domestic equity investment industry to implement AI-native and Token-native digital systems on the ground.
In the article "Building a Benchmark for Token Landing in the Fund Industry! XUNCE (03317) accelerates the expansion of TokenOS and opens a standard cooperation template to upgrade the AI "scale effect" in the PE industry," it is pointed out that the two parties will jointly create Token commercial benchmark concept verification projects and replicable landing cases based on the FDE model. With the support of the mature industry network of the fund, they will reach a large number of invested companies to implement TokenOS data governance, enterprise vertical small models, and intelligent digital services. After the pilot project of Hongtai is implemented and the real and quantifiable business value is verified, this cooperation model can be quickly replicated to all VC/PE institutions, industrial capitals, and government-led funds in the market.
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