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Tradfi again prices in advance! Changxin Technology contracts are hotly sought after, trading at a premium of nearly 6 times the traditional market offering price
BlockBeats message, July 15: trade.xyz has listed the Changxin Technology stock contract (code CXMT) this morning. As of the time of writing, the contract is quoted at $7.2, nearly 6 times the premium over the traditional market’s offering price of 8.66 yuan per share.
Current CXMT contract open interest is $1.74 million, and trading volume has reached $983k.
It should be noted that on July 14, Changxin Technology announced that its initial public offering of stock and listing on the STAR Market was priced at 8.66 yuan per share. Investors will be able to submit online and offline applications at this price only on July 16 (T day).