On July 27, N Changxin landed on the Science and Technology Innovation Board, and the A-share history was rewritten. The stock opened at $49.50, hitting an intraday high of $55.03 and a low of 38.11 yuan. By the close, the stock price had risen to 49 yuan, an increase of 465.82%, and a turnover rate of 66.4%. A full day transaction of 141,187 billion yuan — this is the first stock in A-share history to exceed 100 billion yuan in a single day's turnover. In this capital feast, Alibaba was one of the winners. According to the Changxin Technology Innovation Board listing prospectus, Alibaba Group holds a total of nearly 5% of Changxin Technology's shares through the two entities, with a total investment of about 7.6 billion yuan. Based on the latest market value on the first day of listing, the corresponding value of the shares held by Ali has exceeded 170 billion yuan, the profit surplus has exceeded 160 billion yuan, and the total profit ratio is more than 20 times.

On July 27, N Changxin landed on the Science and Technology Innovation Board, and the A-share history was rewritten. The stock opened at $49.50, hitting an intraday high of $55.03 and a low of 38.11 yuan. By the close, the stock price had risen to 49 yuan, an increase of 465.82%, and a turnover rate of 66.4%. A full day transaction of 141,187 billion yuan — this is the first stock in A-share history to exceed 100 billion yuan in a single day's turnover. In this capital feast, Alibaba was one of the winners. According to the Changxin Technology Innovation Board listing prospectus, Alibaba Group holds a total of nearly 5% of Changxin Technology's shares through the two entities, with a total investment of about 7.6 billion yuan. Based on the latest market value on the first day of listing, the corresponding value of the shares held by Ali has exceeded 170 billion yuan, the profit surplus has exceeded 160 billion yuan, and the total profit ratio is more than 20 times.