Changshin Technology Surges 526% on Debut, Market Cap Exceeds Intel with $361B Valuation

INTC-7.90%
According to Jin10, Changshin Technology listed on Shanghai's STAR Board on July 24, with its stock soaring 526% during intraday trading to close at 54.4 yuan. Trading volume exceeded 1.2 trillion yuan, giving the chipmaker a market capitalization of 3.61 trillion yuan, surpassing Intel's market cap of 4,656 billion U.S. dollars (approximately 3.15 trillion yuan) as of July 24 close.
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