Changxin Technology closed with a market capitalization of RMB 3.54 trillion, according to Odaily. By comparison, Tencent Holdings fell 4.46% by the close of Hong Kong trading, leaving its market value at HK$4 trillion, or about RMB 3.44 trillion. Based on those figures, Changxin Technology has moved ahead of Tencent to become the largest listed company in China by market capitalization. The update compares Changxin Technology’s closing valuation with Tencent’s market value at the Hong Kong market close and places Changxin at the top of China’s listed-company ranking on that basis. No additional details were provided in the newsflash.
Changxin Technology closed with a market capitalization of RMB 3.54 trillion, according to Odaily.
At the close of trading in Hong Kong, Tencent Holdings (00700.HK) was down 4.46%, putting its market value at HK$4 trillion, or about RMB 3.44 trillion.
On that basis, Changxin Technology has overtaken Tencent to become the largest listed company in China by market capitalization.
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