On July 14, Changxin Technology disclosed the IPO listing arrangement and preliminary inquiry announcement, and determined that the company's issuance price was 8.66 yuan/share through an offline inquiry method. Based on estimates of the company's total shares after listing, Changxin Technology's listing valuation is 579.178 billion yuan. Inevitably, many investors are puzzled about the pricing of this offering. The proposed market capitalization hit trillion dollars. Were the results of the inquiry lower than expected? Market experts told the Shanghai Securities News reporter that Changxin's issuance pricing fully takes into account the actual situation of the enterprise, and the company's valuation should gradually increase as the company grows; this is the real “long-term principle.”
Zhitongcaijing · 2d ago
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On July 14, Changxin Technology disclosed the IPO listing arrangement and preliminary inquiry announcement, and determined that the company's issuance price was 8.66 yuan/share through an offline inquiry method. Based on estimates of the company's total shares after listing, Changxin Technology's listing valuation is 579.178 billion yuan. Inevitably, many investors are puzzled about the pricing of this offering. The proposed market capitalization hit trillion dollars. Were the results of the inquiry lower than expected? Market experts told the Shanghai Securities News reporter that Changxin's issuance pricing fully takes into account the actual situation of the enterprise, and the company's valuation should gradually increase as the company grows; this is the real “long-term principle.”
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