---
title: "Hong Kong stock movement: XUNCE fell 10.04%, with concerns about high growth and profitability intertwined, where is the market confidence?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286846215.md"
description: "XUNCE fell 10.04%; Jingwei TianDi (New) fell 2.17%, with a transaction amount of HKD 89.47 million; China Software International rose 1.24%, with a transaction amount of HKD 28.16 million; Lingxiong Technology rose 1.70%, with a transaction amount of HKD 4.89 million; Shenzhou Holdings fell 4.69%, with a market value of HKD 4.418 billion"
datetime: "2026-05-19T02:57:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286846215.md)
  - [en](https://longbridge.com/en/news/286846215.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286846215.md)
---

# Hong Kong stock movement: XUNCE fell 10.04%, with concerns about high growth and profitability intertwined, where is the market confidence?

**Hong Kong Stock Movement**

XUNCE fell 10.04%. Based on recent news,

1.  On May 18, XUNCE's financial fundamentals showed high growth potential. In 2025, XUNCE's revenue is expected to grow by 103.28% year-on-year, with a staggering 449% increase in the second half of the year, and a customer retention rate exceeding 90%, indicating the company's competitiveness and strong market demand in the AI data infrastructure sector. However, the market still has concerns about its future profitability, leading to a decline in stock price.
    
2.  On May 18, XUNCE benefited from the explosive growth in Token consumption brought about by the AI application boom. Deutsche Bank's research report pointed out that XUNCE, as a data fuel supplier and billing hub, is benefiting from the surge in demand for AI data and the transition to a Token economy model, leading to a revaluation of its valuation system. However, there is uncertainty in the market regarding whether it can achieve its expected goals in the short term, affecting stock price performance.
    
3.  On May 18, XUNCE's Token economy model and ecological synergy have broad prospects. XUNCE positions itself in AI data infrastructure, complementing and coexisting with operators and model manufacturers, focusing on industry implementation, and providing enterprises with full-chain capabilities in data governance, real-time processing, and Token measurement and settlement. Despite a positive long-term outlook, there are still concerns in the short term regarding its profitability and the construction of technical barriers, leading to stock price fluctuations. The AI industry is shifting from model competition to scenario implementation and value realization.
    

**Stocks with High Trading Volume in the Industry**

Jingwei TianDi (New) fell 2.17%, with a trading volume of HKD 89.47 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation.

China Software International rose 1.24%, with a trading volume of HKD 28.16 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation.

Lingxiong Technology rose 1.70%. Based on recent key news:

1.  On May 18, Lingxiong Technology announced a share buyback, spending HKD 2.7116 million to repurchase 128,700 shares at a price of HKD 20.88-21.10 per share. This move has boosted market confidence in the company's stock, driving the price up.
    
2.  No other significant news recently. The Hong Kong stock market has been quite volatile recently, requiring attention.
    

**Stocks with High Market Capitalization in the Industry**

Shenzhou Holdings fell 4.69%, with a market capitalization of HKD 4.418 billion, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation

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