Changxin Technology opened 471.6% higher on its first day of listing, with a total market value exceeding 3.3 trillion yuan.

Changxin Technology opened 471.6% higher on its first day of listing, with a total market value exceeding 3.3 trillion yuan.

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09:26

The Shanghai Composite Index opened down 0.14%, and the ChiNext Index rose 0.03%. Oil & gas, electricity, and semiconductor sectors led the declines; concept stocks such as CPO, high-speed copper connection, photovoltaics, cybersecurity, and generic drugs were weak. Gold, lithium batteries, PCB, and server-themed stocks were active.

09:25

Changxin Technology surged 471.6% on its first day of listing, with its stock price at 49.5 yuan and a total market capitalization exceeding 3.3 trillion yuan.

09:21

The Hang Seng Index opened up 0.12%, and the Hang Seng Tech Index rose 0.38%. Trip.com Group, MINIMAX, Zhipu, Alibaba, and BYD shares strengthened; CNOOC and PetroChina shares both fell over 3%.

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