⚡️ The absolute focus of the past two weeks—Changxin Technology will open new stock subscription on July 16 (next Thursday).

Changxin Technology is the top domestic memory chip maker, fourth globally, only behind Samsung, SK Hynix, and Micron.

This time it plans to raise up to 29.5 billion RMB, setting a record for the highest IPO fundraising amount on China's STAR Market.

Whether you get allocated or not, you still have to try this free lottery opportunity! Requirements:

1⃣ Average assets over 20 trading days no less than 500k RMB to have STAR Market eligibility.

2⃣ Subscription quota is fully tied to Shanghai market value held, and max subscription requires 16.72 million RMB in Shanghai market value.

Based on the current 0.6% allocation rate midpoint given by brokers:

300k RMB daily average Shanghai market value can get 60 numbers, probability of winning one lot is about 36%;

500,000 market value gets 100 numbers, probability about 60%;

800k basically guarantees one lot, over 1 million probability exceeds 90%.