Changxin Technology CXMT Surges to $8.48 on trade.xyz, Valuing Company at 3.8 Trillion Yuan

According to BlockBeats, on July 15, Changxin Technology's CXMT contract on trade.xyz surged to $8.48 following the removal of its price protection mechanism. Based on the company's prospectus disclosing approximately 6.688 billion shares outstanding, the market valuation corresponds to approximately 3.8 trillion yuan.
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