Market Insiders: Changxin Technology's IPO Bloodletting is a "False Proposition"

Recently, Changxin Technology Group Co., Ltd. has attracted high attention in the market with the launch of its initial public offering (IPO). According to the latest issuance plan, Changxin Technology is expected to raise a total of approximately 57.919 billion yuan through this IPO, with a net amount of about 57.638 billion yuan after deducting issuance expenses. The funds raised will be used for the expansion of the new generation of DRAM production capacity and the research and development of HBM high-bandwidth storage technology. Some voices are concerned: will such a large fundraising scale and expected market size after listing affect the secondary market? Some have even linked the recent adjustments in the technology sector to this discussion. Behind these discussions is actually a question that the market cannot avoid: what impact does IPO financing have on the trends of the secondary market? Market veterans told reporters: this is actually a false proposition.