Changxin Technology Surges 465.82% on Shanghai Tech Board Debut, Yi Fang Da Sees Over $9.6B Unrealized Gain

According to BlockBeats, Changxin Technology surged 465.82% on its first trading day on the Shanghai Stock Exchange's sci-tech board (STAR Market) on July 27, closing at 49 yuan per share versus an IPO price of 8.66 yuan. Public fund managers received allocations worth approximately 10.829 billion yuan, with Yi Fang Da Fund securing the largest share and posting unrealized gains exceeding 6.8 billion yuan. Private equity funds collectively received allocations worth about 1.397 billion yuan, with Jiukun Investment recording unrealized gains surpassing 600 million yuan.
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