Changes in Hong Kong stocks | Huishang Bank (03698) rose more than 6% to a record high, Changxin's market capitalization exceeded 3 trillion yuan, and Huishang Bank is expected to benefit in multiple dimensions

The Zhitong Finance App learned that Huishang Bank (03698) rose more than 6% in the intraday period to a high of HK$5.21, a new record high. As of press release, it rose 4.91% to HK$5.13, with a turnover of HK$84.3638 million.

According to news, on July 27, Changxin Technology was listed on the Science and Technology Innovation Board. By the close of the day, the total market value was about 3.28 trillion yuan, surpassing ICBC and becoming the listed company with the highest A-share market capitalization. Based on a market value of 3.28 trillion yuan, the Hefei State-owned Assets System holds a total of 36.79% of the shares, corresponding to a surplus of about 1.21 trillion yuan.

Guolian Minsheng Securities released a research report saying that in the short term, Huishang Bank indirectly holds 0.134% of Changxin Technology's shares and is expected to generate a floating profit of 4.23 billion yuan, accounting for 25.6% of net profit returned to mother in 2025, but the calculation results may be overestimated; in the medium term, Huishang Bank, as the only commercial bank in Anhui Province, has cooperated with Changxin Technology for a long time, and may bring more corporate and retail business opportunities to Huishang Bank; in the long term, Changxin's listing will significantly enhance the financial strength of Anhui Province and further help Huishang Bank's future development.