Chang'e Technology Insights Summary: Opportunity for a Listing Day Price Surge, Market Capitalization of 30-40 Trillion Yuan is now Consensus

BlockBeats News, July 27th - Regarding the listing today, various crypto KOLs have given their prediction on Changxin Technology. Jiang Zhuo'er, founder of LavaBit Mining Pool (B.TOP), is relatively pessimistic. He believes that "Changxin Storage is highly likely to open high and then drop after reaching a peak, with the first day being its all-time high. The perfect scenario would be to buy at the A-share market open, sell during the midday hype peak, and then sell A-shares and buy hype on the second day to close the position. If you're not prepared for the hype, you might fall into a T+1 trap and end up like PetroChina for a lifetime."

Mango Labs founder @dov_wo, on the other hand, is more optimistic: "I have gone long on Changxin Technology. In my opinion, Changxin is a rare 1:5 game with a 20% downside and 100% upside, a five-fold return." @dov_wo listed his bullish reasons as follows: low circulation ratio, regulatory intervention, institutional optimism for its investment opportunity below a 3 trillion market value. His recommended strategy is "to close the position at a high opening tomorrow to take profit, and to patiently wait if it opens low and rises, resolving the battle within three days."

Furthermore, institutional analysts have divergent views on the valuation of Changxin Technology. Nomura Securities has given Changxin Technology a target price of 116 yuan, corresponding to a market value of 7.76 quadrillion yuan. Meanwhile, Northeast Securities of China has provided a valuation range of 32 to 57 trillion yuan for Changxin Technology.