Changxin Technology was included in the MSCI China All Stock Index effective August 10

On July 27, the domestic storage leader Changxin Technology Group Co., Ltd. (referred to as "Changxin Technology") officially landed on the Shanghai Stock Exchange Science and Technology Innovation Board.On July 28, MSCI announced that Changxin Technology will be included in the MSCI China All-Share Index due to its IPO, which will officially take effect on August 10.

As of the close of trading on July 28, Changxin Technology fell 4.08%, with a market value of 3.14 trillion yuan.

Data show that the MSCI China All Stock Index is a flagship index compiled by the international index company MSCI that comprehensively covers the Chinese stock market.

Its core objective is to reflect the set of investment opportunities in China's overall stock market.Being included in the index means that the company may receive direct attention and allocation from global capital, and have a profound impact on brand reputation, governance standards and other aspects.

According to MSCI's index compilation rules, large-scale IPOs can enter the fast track for index inclusion when they meet certain conditions. Previously, MSCI also included the IPOs of SpaceX, Saudi Aramco and other companies into the index fast lane.