ChangXin Memory entered the STAR Market today, up 473%. From where things stand now, combined with SanDisk, SK, and Micron having mostly been at limit down last week and starting this week with a slight rebound, plus ChangXin Memory being a popular stock, it may still spend some time hitting the daily limit. Before it finishes, it could follow a BOE-like trend. #长鑫今日上市Gate合约抢占交易先机

SNDK-10.96%
SK-0.47%
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ShibaSleuth
· 1h ago
With it rising so much, did institutions already set up positions long ago? If retail investors jump in now, aren’t they just the bag-holders?
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SectorRotationHunter
· 2h ago
Those SanDisk-related stocks have all hit the daily limit down, yet ChangXin can still surge 473%. As expected, China’s A-share market is still largely driven by sentiment. But a quick reminder: this kind of trend is very likely to be a one-wave move—take a look at BOE back then; be cautious about chasing the price.
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