Changxin Technology opened high but closed low, temporarily falling below ¥40.

July 27th. Changxin Technology opened high and went low, briefly falling below 40 yuan before rebounding to 45 yuan. The Changxin Technology stock futures contract is priced at $6.4.

In addition, the China Innovation 50 Index fell by over 3%, with the semiconductor industry chain experiencing a downturn. SMIC hit the limit down, while Huahong Semiconductor, Allwinner Technology, and others fell by over 10%. Lantronix, Touch Micro-connection, Biwei Storage, and others led the decline.