Changxin Technology Insights Summary: Opportunity for Price Surge on Listing Day, Market Cap of 30-40 Trillion Yuan is Consensus

July 27th - Regarding the listing today of Changxin Technology, various crypto KOLs have provided their forecast. Jiang Zhuo'er, founder of LPool Mining Pool (B.TOP), is relatively pessimistic. He believes that "Changxin Storage is likely to open high, surge, and then fall back. The first day may see the all-time high price. The perfect scenario is to buy at the A-share market open, sell during the midday surge and hype, sell at the A-share market on the second day, and buy back during the hype to close the position. If you are not prepared for the hype, you might be trapped by T+1, just like PetroChina for a lifetime."

Founder of Mango Labs, @dov_wo, is more bullish, stating, "I have already taken a long position in Changxin Technology. In my view, Changxin is a rare 1:5 risk-reward opportunity where it may drop 20% but rise 100%, a five-fold return." @dov_wo listed the following reasons for being bullish: low circulation ratio, regulatory intervention, institutional optimism for its investment opportunity below a market cap of 3 trillion, and suggested a strategy of "closing the position at a high opening tomorrow to take profits, or patiently waiting if it opens low and trends upward, resolving the battle within 3 days."

Furthermore, institutional analysts also hold divergent views. Nomura Securities has set a target price of 116 yuan for Changxin Technology, corresponding to a market cap of 7.76 trillion yuan. On the other hand, Northeast Securities of China has provided a valuation range of 32 to 57 trillion yuan for Changxin Technology.