BITWU.ETH 🔆|Jul 09, 2026 08:53
⚡️The absolute highlight of the past two weeks—Changxin Technology will kick off its IPO subscription on July 16 (next Thursday).
Changxin Technology is the top storage chip company in China and ranks fourth globally, just behind Samsung, SK Hynix, and Micron.
This time, they’re aiming to raise a whopping 29.5 billion RMB, setting a record for the highest IPO fundraising on China’s STAR Market.
Whether you get lucky or not, this kind of free lottery opportunity is worth a shot! Here’s what you need to qualify:
1⃣ A daily average asset of no less than 500k RMB over 20 trading days to access the STAR Market.
2⃣ Subscription quota is fully tied to your Shanghai market holdings. To max out your subscription, you’ll need 16.72 million RMB in Shanghai market value.
Based on the current 0.6% winning rate estimate from brokers:
With a daily average market value of 300k RMB in Shanghai, you can get 60 allocation numbers, with about a 36% chance of winning one lot;
500k RMB gets you 100 allocation numbers, with a roughly 60% chance;
800k RMB almost guarantees one lot, and with over 1 million RMB, your chances exceed 90%.
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