On July 15, Hyperliquid listed Changxin Storage (CMXT) Pro-IPO and began trading. The current quoted price is around 8 USD, which is more than 5 times the IPO price of 8.66 RMB per share. If Changxin Storage's IPO price rises to this level after the market opens, it would imply a market valuation of 3.6 trillion RMB.
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