Du Bin: The listings of ChangXin and SK hynix are a major positive catalyst; A-shares have the ability to create a trillion-dollar hard-tech leader.

Deep Tide TechFlow news: On July 09, Dan Bin, Chairman of Dongfang Gangwan, posted on Xueqiu today, expressing a somewhat optimistic view about market concerns that the consecutive listings of Changxin Storage and SK Hynix will divert funds. Dan Bin said that if, after the two storage companies are listed, their market capitalizations reach 3 trillion, 5 trillion, or even 7 trillion, the overall market-capitalization upside for A-share and Hong Kong hard-tech sectors will be fully opened. In the long run, this is a major positive.

He said that in the past, A-shares have long been plagued by a market-cap ceiling “curse.” Baijiu leaders have always served as the market-cap benchmark, making it difficult for companies to achieve a scale that surpasses them. But given China’s current global industrial standing, A-shares are fully capable of producing hard-tech leaders with a total market capitalization exceeding 1 trillion. By contrast, in the U.S. stock market, the combined market caps of just two or three tech giants already match the total scale of the entire A-share market—such a pattern does not match China’s current economic strength. He is eagerly looking forward to value breakthroughs in hard-tech sectors such as the storage industry, which will help drive China’s domestic capital market toward a reshaping of its landscape. (Jin10)