GigaDevice CXMT Records Its Largest Single-Day Decline Since Listing; Price Returns to the Main Trading Range of Its First-Day Listing
2026-10-08 12:59:11
CoinMeta data: ChangXin Technology reported a midday price of 51.07 yuan, a decrease of 6.79%, with a temporary drop of 7.65% during the session, marking the largest single-day decline since its listing. As of 12:26 Beijing time, the CXMT perpetual contract on HyperLiquid was trading at $7.7315, with a 24-hour decline of about 6.87%. This pullback came alongside a general weakening in the A-share technology sector, with the Sci-Tech Innovation 50 index falling by 3.66% midday. ChangXin Technology had previously shown signs of capital adjustment, with a cumulative net outflow of about 6.991 billion yuan in September, ranking first among A-shares. Despite Micron's counter-trend rise of 4.06% overnight, there was a divergence in performance among domestic and overseas storage stocks. Over the past 24 hours, the trading volume of the CXMT contract was approximately 17.57 million US dollars, and the nominal OI was about 29.77 million US dollars, showing a slight increase of about 0.2% compared to 24 hours prior.
Source:Internet
This content is for market information only and does not constitute investment advice.
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