Shenzhen Xunce Technology Co., Ltd. (Ticker: 3317 HK) is a Chinese provider of real-time data infrastructure and analytics solutions, primarily serving the asset management industry and various diversified sectors. The company plans to list on the HKEX on December 30, 2025, following a subscription period from December 18 to December 23. Xunce Technology is offering 22.5 million shares at a price range of HKD 48.00 to HKD 55.00, aiming to raise approximately HKD 1.24 billion (equivalent to roughly USD 148.91 million). Based on 2024 revenue, the company reportedly ranks fourth in China’s real-time data infrastructure and analytics market and first within the asset management sub-segment.

The company has an estimated market capitalization ranging from approximately USD 1.98 billion to USD 2.27 billion (HKD 15.48 billion to HKD 17.74 billion). According to its prospectus, Xunce Technology plans to use the IPO proceeds for the further development of existing solutions and new technology capabilities, deepening penetration into diversified industries, enhancing marketing capabilities, and general working capital. The company's platform provides unified data processing within milliseconds to seconds for high-stakes decision-making. Guotai Junan Capital Limited is the sole sponsor for the offering, and major investors reportedly include Tencent and KKR.