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Hyperliquid has started setting the IPO pricing for Changxin Technology for July 27. Under the traditional approach, Changxin Technology’s normal issuance valuation is 579.19B yuan, while the valuation Hyperliquid is offering is about 3.5 trillion. If the pricing is accurate, Changxin Technology would directly surpass Kweichow Moutai, Industrial and Commercial Bank of China, and China Mobile, jumping to become the #1 company by market cap on the A-share market!
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