Changes in Hong Kong stocks | AI application concept stocks rebounded sharply in the afternoon, Xunze (03317) increased their increase by more than 7%, and the company is expected to enter the Hang Seng Technology Index by the end of the year

The Zhitong Finance App learned that AI application concept stocks rebounded sharply in the afternoon, and Xunce (03317) showed impressive performance by rising more than 7%. As of press release, Xunze rose 6.26% to HK$66.25, with a turnover of HK$755.461 million.

According to the news, Deutsche Bank recently stated that infrastructure and cybersecurity companies are expected to be the first to benefit from the accelerated popularity trend of AI applications. In September of this year, Xunce officially launched the TokenCloud one-stop AI model training and calculation power platform, marking that Xunce Technology has officially opened a closed loop of “computational power-data-token-model-application” products, completed the strategic transition from a “digital base” to an “AI productivity platform”, and provided the industry with an AI infrastructure model for the transformation of the entire “data to token” link.

Furthermore, the Hang Seng Technology Index will be revised and expanded at the end of the year. Hang Seng Indices will announce specific component stock changes on November 20, and the relevant changes will officially take effect on December 7. CICC said that based on the revised stock selection rules, it is expected that Xunce will be selected in the revenue growth category and become a component stock of the Hang Seng Technology Index.