💸3.3 trillion, Changxin Technology’s total market value ranks first among A-shares. One round lot wins $20k, and High-Frequency quant strategies have also made a killing. Hefei state-owned assets got back $33k.

Today, 🇨🇳 China’s “King of Storage” Changxin Technology (

In terms of allocation amounts, there are 4 private funds with allocation amounts above 100 million yuan, respectively:
Jiukun Investment received about 15.3996 million shares in total (RMB 20k),
Ningbo High-Frequency quant received about 15.3542 million shares in total (RMB 1T),
Yanfu Investment received about 15.3512 million shares in total (RMB 133.36M),
Century Frontier received about 15.0033 million shares in total (RMB 132.97M).
If calculated at the opening price, Jiukun Investment, Ningbo High-Frequency quant, Yanfu Investment, and Century Frontier would each show paper gains of 629 million yuan, 627 million yuan, 627 million yuan, and 613 million yuan, respectively.
Hefei state-owned assets, which injected funds and supported Changxin Technology’s growth all the way, is also the largest shareholder of Changxin Technology. After the IPO, it holds 132.94M shares in total. Based on the opening price of 49.5 yuan per share on Changxin Technology’s first trading day, the value of Hefei state-owned assets exceeds 1 trillion yuan, reaching 129.93M yuan.
The Alibaba-related group is also a winner. After the IPO, it holds 22.14B shares in total. Based on the opening price of 49.5 yuan per share on the first trading day, the Alibaba-related group’s holdings are worth nearly 150 billion yuan, reaching 10k yuan.