On September 14, XUNCE fell 5.54% in regular trading, trading at 95.25 HKD/share, with turnover of approximately 114 million HKD, extending a multi-session pullback.

The decline is primarily attributed to continued market concerns over the company's massive AI computing center investment plan. On September 9, XUNCE announced that its wholly-owned subsidiary Xunshen Technology plans to invest up to 12 billion yuan to build an AI inference and computing center, while applying for a syndicated loan facility of up to 10 billion yuan with a 5-year term. The investment scale far exceeds the company's existing balance sheet — as of the end of June, total assets stood at approximately 3.5 billion yuan with net assets of only 2.48 billion yuan, meaning the proposed investment represents roughly 3.4 times its total assets. The high leverage involved has continued to trigger concerns over financial risk. Additionally, the project still requires approval via a special resolution at a forthcoming extraordinary general meeting scheduled for September 28, adding a layer of uncertainty. Since the investment plan was disclosed, XUNCE shares have declined across multiple trading sessions.

(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.)