2月10日，延续昨日强势，港股市场AI应用股今日再度集体走强，其中，迅策(3317.HK)拉升涨超12%至68港元，为连续第二 日大涨。 消息面上，近日，一款名为Seedance2.0的AI视频生成模型再度刷屏海内外互联网。开源证券发布研报称，字节跳动在即梦 平台上线Seedance2.0视频生成模型，引发AI产业界广泛测评与讨论，且实测效果惊艳。其支持文字、图片、视频、音频等 各类素材输入，并生成视频，在自运镜和分运镜、全方位多模态思考、音画同步生成、多镜头叙事能力等几个关键能力上 实现突破。 股票频道更多独家策划、专家专栏，免费查阅>> 责任编辑：栎树 | 迅策(日线,前复权) ✿◎ MA MA5:57.120 ↑ MA9:56.100 ↑ MA19:58.534 ↑ MA30:55.989 ↓ | 设置均线。 | | | --- | --- | --- | | 65.950 +8.92% | 2025/12/30-2026/2/10(30根) ★ | | | Mi 14 10 1 160 | | | | | | 72.050 | | 72.050 | | | | | | 66.378 | | | | 6 ...

Core Viewpoint - The Hong Kong stock market continues to show strength, particularly in AI application stocks, with companies like Xunce (3317.HK) experiencing significant gains due to the launch of the Seedance 2.0 AI video generation model by ByteDance on the Jiemeng platform, which has garnered widespread attention and positive evaluations in the AI industry [1] Group 1: Market Performance - AI application stocks in the Hong Kong market are collectively rising, with Xunce (3317.HK) surging over 12% to 68 HKD, marking its second consecutive day of significant gains [1] Group 2: Product Launch and Features - The Seedance 2.0 AI video generation model has been launched by ByteDance on the Jiemeng platform, leading to extensive discussions and evaluations within the AI industry [1] - The model supports various input types including text, images, videos, and audio, and is capable of generating videos with breakthroughs in key capabilities such as self-operated and distributed shots, multi-modal thinking, audio-visual synchronization, and multi-angle narrative [1]

Core Viewpoint - Several domestic large model companies plan to release new generation models around the Spring Festival, which has accelerated the valuation release of AI infrastructure companies [1] Group 1: Company Developments - Xunce Technology (3317.HK) surged over 14% to HKD 60.55, driven by increased market attention [1] - The company focuses on real-time data infrastructure and analytical solutions, building a millisecond-level AI Data Agent platform [1] - Xunce's platform supports various industries including finance, urban operations, energy, high-end manufacturing, healthcare, satellites, robotics, telecommunications, and consumer markets [1] Group 2: Market Dynamics - The rise in market interest is primarily due to business collaboration with large model companies like Zhipu and MiniMax [1] - Analysts believe that Xunce's real-time data platform addresses challenges related to data dispersion and insufficient real-time capabilities during the implementation of AI large models [1] - As the AI industry expands towards application, the importance of infrastructure is increasingly recognized, with Xunce's technical capabilities and ecosystem collaboration gaining market consensus on its investment value and growth potential [1]

Group 1 - The Hong Kong stock market continues to show strong performance in AI application concepts, with XunCe (03317.HK) experiencing a significant intraday increase of nearly 17% [2] - As of the time of reporting, XunCe's stock price rose by 12.85%, reaching 59.7 HKD, with a trading volume of 15.99 million HKD [2]

Group 1 - The core viewpoint of the article highlights the strong performance of AI applications, with Xunce (03317) experiencing a nearly 17% intraday increase, currently up 12.85% at HKD 59.7, with a trading volume of HKD 15.99 million [1] - Xunce is a leading provider of real-time data infrastructure and analytical solutions, focusing on end-to-end data empowerment [1] - The company's strategic value lies in its high-moat AI underlying data operating system, which builds a millisecond-level AI data agent platform to drive real-time data analysis and efficient decision-making across various industries, including finance, urban operations, energy, high-end manufacturing, healthcare, satellites, robotics, telecommunications, and consumer markets [1] Group 2 - The Hang Seng Composite Index's semi-annual review period ended on December 31, 2025, with a new round of adjustments to the Hong Kong Stock Connect list expected to be announced after the market closes on February 20, 2026, and to be implemented after the market closes on March 6, 2026, with adjustments officially taking effect on March 9, 2026 [1] - Multiple institutions have indicated that Xunce is likely to be included in the Hong Kong Stock Connect list [1]

Group 1 - The core viewpoint of the article highlights the strong performance of AI application concepts, with Xunce (03317) experiencing a nearly 17% intraday increase and currently trading at 59.7 HKD, with a transaction volume of 15.99 million HKD [1] - Xunce is identified as a leading provider of real-time data infrastructure and analytical solutions, focusing on end-to-end data empowerment [1] - The company's strategic value lies in its high-moat AI underlying data operating system, which builds a millisecond-level AI data agent platform to drive real-time data analysis and efficient decision-making across various industries, thereby replacing traditional software decision-making functions [1] Group 2 - The article notes that the review period for the Hang Seng Composite Index will end on December 31, 2025, with a new round of adjustments to the Hong Kong Stock Connect list expected to be announced after the market closes on February 20, 2026, and to take effect on March 9, 2026 [1] - Several institutions have indicated that Xunce is likely to be included in the Hong Kong Stock Connect list [1]

Core Viewpoint - The Hong Kong stock market saw a significant rise in AI application stocks, particularly Xunce (3317.HK), which surged nearly 17% to HKD 61.8, indicating growing market recognition and investment value in AI infrastructure companies [1]. Group 1: Company Overview - Xunce is a real-time data infrastructure and analytics solution provider, offering real-time IT solutions that encompass data infrastructure and data analysis for enterprises across various industries [1]. - The company focuses on building a full-stack capability of "data computing platform + intelligent agents," positioning itself as a key enabler for enterprise-level AI implementation [1]. Group 2: Strategic Value - Xunce's strategic value lies in its high-moat AI underlying data operating system, which constructs a millisecond-level AI data agent platform [1]. - This platform drives real-time data analysis and efficient decision-making across diverse sectors such as finance, urban operations, energy, high-end manufacturing, healthcare, satellite, robotics, telecommunications, and consumer markets, thereby replacing traditional software decision-making functions [1]. Group 3: Market Recognition - Analysts note that Xunce's AI infrastructure capabilities are gradually being recognized by the market, leading to an acceleration in the release of its investment value and valuation [1].

Core Viewpoint - The Hong Kong stock market saw a collective surge in AI application stocks, with XunCe (3317.HK) rising nearly 17% to HKD 61.8, indicating growing market recognition and investment value in AI infrastructure companies [1] Company Summary - XunCe is a real-time data infrastructure and analytics solutions provider, offering real-time IT solutions that encompass data infrastructure and data analysis for enterprises across various industries [1] - The company focuses on building a full-stack capability of "data computing platform + intelligent agents," positioning itself as a key enabler for enterprise-level AI implementation, facilitating real-time intelligent decision-making across sectors [1] - XunCe's strategic value lies in its high-moat AI underlying data operating system, which constructs a millisecond-level AI data agent platform, driving real-time data analysis and efficient decision-making in diverse industries such as finance, urban operations, energy, high-end manufacturing, healthcare, satellites, robotics, telecommunications, and consumer markets [1] - The trend of AI is reshaping all industries, with analysts noting that XunCe's AI infrastructure is gradually being recognized by the market, leading to an accelerated release of its investment value and valuation [1]

Core Viewpoint - Deutsche Bank has initiated coverage on XunCe Technology (3317.HK), positioning it as a leading player in China's real-time data infrastructure and analytics solutions, akin to "China's version of Palantir" [1][2] Group 1: Market Position and Business Model - XunCe is recognized as the "Data Agent first stock" and holds a leading position in the real-time data infrastructure and analytics market in China, particularly in asset management with an 11.6% market share [1] - The company has achieved full coverage of China's top ten asset management institutions, indicating its strong foothold in high-barrier industries [1] - XunCe's business model focuses on providing a "data operating system" rather than simple data display, integrating data collection, governance, computation, and analysis into clients' core business processes [3] Group 2: Growth Potential and Financial Projections - Deutsche Bank forecasts XunCe's revenue to grow from 632 million RMB in 2024 to 3.735 billion RMB in 2027, representing a compound annual growth rate (CAGR) of 81%, significantly surpassing industry averages [6][8] - The average revenue per user (ARPU) is expected to increase from 1.582 million RMB in 2022 to 2.724 million RMB in 2024, with a projected CAGR of 83% from 2024 to 2027 [7] - Revenue from industries outside asset management is anticipated to grow at a CAGR of 109% from 2024 to 2027, with telecommunications, urban management, and manufacturing identified as new growth drivers [8] Group 3: Profitability and Valuation - XunCe's gross margin exceeds 76%, significantly higher than the traditional IT outsourcing sector, providing a solid foundation for future profitability [8] - The company is expected to achieve adjusted net profit in 2026 with a net profit margin of 6.7%, increasing to 18.3% by 2027 [8] - Deutsche Bank's target price of 85 HKD implies over 60% upside potential from the current price of approximately 52 HKD, with a valuation that offers a significant margin of safety compared to global peers like Palantir and Snowflake [9][10]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 深圳迅策科技股份有限公司 呈交日期: 2026年2月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03317 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 266,981,106 | RMB | | 1 | RMB | | 266,981,106 | | 增加 / 減少 (-) | | | 194,400 | | | | RMB | | 194,400 | | 本月底結存 | | | 267,175,506 | RMB | | 1 | RMB | | 267,175,506 | | ...