Changxin Technology Surges 466% on STAR Market Debut, Becomes Largest A-Share Company by Market Cap
Changxin Technology (688825) closed at RMB 49 on its first day of trading on the Shanghai Stock Exchange's STAR Market, up 466% from its IPO price, giving it an A-share market capitalization of approximately RMB 3.28 trillion, the highest among all A-share companies. The DRAM leader is a key enterprise in Hefei's integrated circuit industry. As of the close, Hefei A-share companies' total market cap exceeded RMB 4.5 trillion, ranking fourth among Chinese cities.
On July 27, 2026, Changxin Technology (stock code 688825) listed on the STAR Market of the Shanghai Stock Exchange. Its closing price surged nearly 466% from the IPO price to RMB 49 per share, giving it an A-share market capitalization of approximately RMB 3.28 trillion, the highest among all A-share companies. Changxin Technology is a leading enterprise in the domestic DRAM field and a core benchmark for the integrated circuit industry cultivated by Hefei.
As of the close on July 27, the total A-share market value of Hefei-listed companies exceeded RMB 4.5 trillion, ranking fourth in total A-share market capitalization among Chinese cities.