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Amid 120 Trillion Yuan Market Valuation and 58 Billion Yuan IPO Pressure, Concerns of 'Capital Drain Anxiety' for CXMT's IPO Prove Unfounded
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Author：小编
On July 17, the A-share market experienced a substantial downturn, with the three key indices opening at lower levels and continuing to slide. The Shanghai Composite Index tumbled by 3.05%, whereas both the ChiNext Index and the STAR 50 Index witnessed declines exceeding 7%. Technology sectors, including memory chips, optical modules, and computing hardware, all suffered sharp drops, with more than 5,000 stocks declining across the entire market.
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