On August 24, XUNCE fell 5.11% in regular trading, trading at HKD 129.7/share, with turnover of approximately HKD 63.8 million.

On the news front, the company officially released its interim results on August 21, reporting H1 revenue of RMB 967 million (up 389% YoY), attributable net profit of RMB 72.51 million marking its first-ever half-year profit, and Token business revenue contribution exceeding 10%. While details such as a 60.1% gross margin and Token ARR sequential growth slightly beat expectations, the headline figures were consistent with the positive profit alert issued on July 31. The lack of incremental surprise, combined with investor concerns over potential share placement, triggered a typical sell-the-news pullback.

The stock had previously surged over 20% following the July 31 profit alert and gained further momentum on analyst initiations. With the formal report now published, short-term profit-taking appears to be the dominant force driving the decline.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)