Behind the sharp rise on the first day of Changxin Technology's listing, public funds participating in offline placement became important beneficiaries. According to the closing price of the first day of listing, the total profit of the public fund of Changxin Technology exceeded 50 billion yuan, and the fund company with the highest allotted amount surged more than 6.8 billion yuan. Judging from a single product, Changxin Technology is expected to contribute more than 1% of revenue to 24 funds, with a maximum contribution of more than 3%. Kong Xuebing, fund manager of Jinxin Fund, said that the smooth landing of major storage companies means that recent financial concerns and style disturbances that have plagued the market have come to an end. Cathay Pacific Fund said that as a leading domestic storage company, Changxin Technology's capital expenditure is expected to accelerate after listing, and may continue to drive demand for upstream equipment and materials, becoming an important “catalyst” for the sector. Currently, the expansion of global AI computing power is driving the expansion of advanced manufacturing processes and storage. The growth rate of the global wafer equipment market continues to rise, compounding the dividends of domestic substitution, and there is plenty of room for domestic equipment companies to grow. The medium- to long-term AI industry trend is stable, and semiconductor equipment is the core link in computing power construction, and growth certainty is outstanding. Short-term sector fluctuations still exist, so it is recommended to lay out in batches and control the pace.

Behind the sharp rise on the first day of Changxin Technology's listing, public funds participating in offline placement became important beneficiaries. According to the closing price of the first day of listing, the total profit of the public fund of Changxin Technology exceeded 50 billion yuan, and the fund company with the highest allotted amount surged more than 6.8 billion yuan. Judging from a single product, Changxin Technology is expected to contribute more than 1% of revenue to 24 funds, with a maximum contribution of more than 3%. Kong Xuebing, fund manager of Jinxin Fund, said that the smooth landing of major storage companies means that recent financial concerns and style disturbances that have plagued the market have come to an end. Cathay Pacific Fund said that as a leading domestic storage company, Changxin Technology's capital expenditure is expected to accelerate after listing, and may continue to drive demand for upstream equipment and materials, becoming an important “catalyst” for the sector. Currently, the expansion of global AI computing power is driving the expansion of advanced manufacturing processes and storage. The growth rate of the global wafer equipment market continues to rise, compounding the dividends of domestic substitution, and there is plenty of room for domestic equipment companies to grow. The medium- to long-term AI industry trend is stable, and semiconductor equipment is the core link in computing power construction, and growth certainty is outstanding. Short-term sector fluctuations still exist, so it is recommended to lay out in batches and control the pace.