The newly listed A-share stock Muxi Co., Ltd. has set a historical record, opening directly up by 568%. This is clearly much better than Moore Threads, not only reflected in the opening increase but also in the intra-day performance, which seems to have exceeded expectations. For the first half hour after opening, the stock price hovered around 683 yuan, but after 10 o'clock, there was a significant surge in the intraday chart. By 10:24, the stock price peaked at 895 yuan, refreshing the record with a 755% increase, which should be noted as an upward space of 30% compared to the initial 683 yuan half an hour after opening.

Frankly speaking, this 30% increase is a phenomenon where some funds or newly added funds bought in on the first day of listing, which seems to indicate optimism about the company’s fundamentals and trends in the future. Regardless of how Muxi Co., Ltd. performs in the future, at least from today’s intraday performance observation, the optimism of the funds is very evident.

Therefore, I can draw the conclusion with high probability that the future performance of Muxi Co., Ltd. should be stronger than the current performance of Moore Threads, as the market performance has already explained everything.

It is precisely because of the unexpected performance of Muxi Co., Ltd. on its first day of listing that the overall big technology in the A-shares has stabilized today. Two of the three leading CPO stocks have seen intraday increases of over 6%, indicating that the newly listed stocks have a significant leading effect on the valuation of previous industry leaders. Just imagine, if Muxi Co., Ltd. maintains its strong performance, the probability of big technology bottoming out will likely increase.