Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
tag
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
IPO
2026 World Cup
Rewards

Chanxin Technology Opens for Subscription on July 16; Shanghai Investors with 200,000 Yuan Daily Average Market Value Face ~18% Winning Odds

GateNews
Stocks
According to BlockBeats, on July 16, Chanxin Technology, China's leading domestic DRAM chip maker, opened for subscription on China's sci-tech board. Underwriter predictions estimate the online subscription winning rate at 0.30% to 0.70%, with a median expectation of 0.45%, roughly 10 to 20 times higher than typical sci-tech board IPOs (0.02% to 0.05%). At the median 0.45% rate, investors with 200,000 yuan in daily average market value would receive approximately 40 subscription codes with an estimated 18% winning odds, while 1 million yuan daily average market value could theoretically secure at least one winning subscription. However, these estimates are based on underwriter predictions; the Shanghai Stock Exchange will announce official winning rates after market close on July 17.
View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

4h ago
Changxin Technology IPO: One Winning Lot Could Yield 3,000-26,000 Yuan Profit
9h ago
Changhsin Memory IPO to Raise $8.55B Triggers 8-9% Collapse in U.S. Memory Chip Stocks
07-15 08:31
Changxin Technology Cites AI Demand Uncertainty for DRAM Market Since H2 2025
07-15 03:05
Trade.xyz Lists CXMT Futures at $7.20, 6x Premium Over Traditional IPO Price on July 15
07-14 13:13
Chanxin Technology Sets IPO Price at 8.66 Yuan Per Share, Launches July 16
In-Depth Analysis

UBS Raises AMD Stocks Target to $700 on AI Datacenter Growth

Lucas Bennett3h ago

Changxin Storage’s stock IPO is the biggest in China’s chip industry history; Q1 net profit: 25 billion yuan

Market Whisper5h ago

Hyperliquid Lists CXMT Pre-IPO Futures at 526% Premium Over IPO Price

Crypto Frontier15h ago
Comment
0/400
No comments