Changxin Makes Its Debut, Yet Celebration Is Premature for China's Domestic Memory Sector
2 day ago / Read about 0 minute
Author:小编   

Changxin Technology made its grand entrance onto the Science and Technology Innovation Board, setting an issue price at 8.66 yuan. On its very first day of trading, the stock price soared to a closing price of 49 yuan, marking an astonishing surge of 465.82%. This performance propelled its total market capitalization to an impressive approximately 3.3 trillion yuan. At one point, it even surpassed the Industrial and Commercial Bank of China, claiming the title of the listed company with the highest market capitalization in the A-share market. Moreover, its trading volume on that momentous day reached a staggering approximately 141.1 billion yuan, setting a brand-new record for the single-day trading volume of an individual A-share.