Hong Kong-listed "Token Concept Stock" XunCe surged over 29% in the afternoon.

Hong Kong-listed XunCe (03317.HK), a "token concept stock," surged over 29% in the afternoon. This surge is attributed to news that Nvidia CEO Jensen Huang stated at a conference that as model scales, the token generation rate will decrease; therefore, system throughput and token generation speed will directly impact a company's future revenue performance. Public information shows that XunCe was founded in 2016 and is headquartered in Shenzhen. It primarily provides real-time data infrastructure and analytics solutions and is known in the market as the "first token stock."