Changxin Technology Surpasses Tencent in Market Value, Becoming the Company with the Highest Market Cap in Mainland China and Hong Kong

BlockBeats News, August 13th, Changxin Technology closed today with a market capitalization of 3.54 trillion RMB. As of the Hong Kong stock market close, Tencent Holdings (00700.HK) dropped by 4.46%, with a market capitalization of 4 trillion HKD, approximately 3.44 trillion RMB. Changxin Technology has surpassed Tencent to become the company with the highest market capitalization in both mainland China and Hong Kong.