On September 15, XUNCE rose 5.82% in regular trading, trading at 99.85 HKD/share, with turnover of 81.23 million HKD. The stock staged a notable intraday rebound after several consecutive sessions of sharp declines.

The recent selloff was triggered by the company's September 9 announcement of plans to invest up to 120 billion yuan through its wholly-owned subsidiary Xunshen Technology to build an AI inference and computing center, alongside a proposed 100 billion yuan, five-year syndicated loan facility. The investment scale dwarfs the company's existing balance sheet — total assets stood at approximately 3.51 billion yuan and net equity at just 2.48 billion yuan as of June-end — fueling persistent market concerns over financial leverage risk. The proposal still requires approval via special resolution at the September 28 extraordinary general meeting, adding uncertainty.

Notably, four investment banks have issued buy ratings in the past 90 days with an average target price of 228.85 HKD. Macquarie recently initiated coverage with an outperform rating and a 149 HKD target, suggesting significant upside from current levels.

(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.)