Changxin Storage’s Pro-IPO is currently priced at more than 5 times its IPO price.

Golden Finance reports that on July 15, Hyperliquid listed Changxin Storage (CMXT) Pro-IPO and began trading. The current quote is about $8, trading at a premium of more than 5x versus its IPO price of 8.66 yuan per share. If Changxin Storage’s IPO rises to this level after trading opens, that would imply a market capitalization of 3.6 trillion yuan for Changxin Storage.
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