As of Sept. 20, 2026, 125 public mutual fund firms participated in offline allotments for 59 new-share offerings, receiving a total of 33.875 bln yuan. Changxin Technology alone was allocated 10.823 bln yuan, or 31.95% of the public funds’ total allo

2026-09-24

As of Sept. 20, 2026, 125 public mutual fund firms participated in offline allotments for 59 new-share offerings, receiving a total of 33.875 bln yuan. Changxin Technology alone was allocated 10.823 bln yuan, or 31.95% of the public funds’ total allocations, the largest concentration year-to-date. The Sci‑Tech Innovation Board (STAR Market) served as the primary venue for these allocations.