Changxin Records Largest Single-Day Drop, Stock Price Returns to First-Day Trading Range; Is the Market Still Optimistic?

BlockBeats news, October 8 — Changxin Technology traded at 51.07 yuan at midday, down 6.79%, after falling as much as 7.65% intraday, marking its largest single-day drop since listing. According to TradingBeats monitoring, the CXMT perpetual contract on Hyperliquid traded at $7.7315, down about 6.87% over 24 hours.

The pullback came alongside broad weakness in A-share techn