Changxin surged to 54 yuan at the open today—so a new “king” among A-share new listings has been born? How big is this bubble? In the next two months, it should be cut in half. Take a cue from spcx: pump up to distribute, then grind down into a half-price drop. I shorted CXMT around $7—please wish me luck! #CXMT

SPCX0.73%
CXMT4.73%
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