Trade.xyz Lists CXMT Futures at $7.20, 6x Premium Over Traditional IPO Price on July 15

According to BlockBeats, trade.xyz launched stock futures for Changxin Technology (ticker: CXMT) on July 15, with the contract trading at $7.20 as of publication time, representing approximately 6x premium over the traditional market IPO price of 8.66 yuan per share.

The CXMT futures contract recorded open interest of $1.74 million and trading volume of $983,000. The premium reflects a significant valuation gap ahead of the official IPO launch, where investors will be able to participate in subscriptions on July 16.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments