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ChangXin Memory Technologies’ share price rose by 465.72% on its first day of trading

Share price of ChangXin Memory Technologies (SSE:688825) rose by 465.72% on its first day of trading, making it the most valuable company listed on China’s A-share market, with a market capitalisation of RMB 3.28 trillion. Meanwhile, both the CSI 300 Index and the Shanghai Composite Index rose by approximately 1%.

Source: Deutsche Welle; Commercial Times (Taiwan)