ChangXin Technology’s market cap rises 2.71% to $581.67 billion

The Chinese company overtook BlackRock’s iShares Core S&P 500 fund in 24-hour value, according to 8MarketCap, and moved to 30th place globally.

Summary

ChangXin Technology turned higher on the day, with its market capitalization rising 2.71% over the past 24 hours to $581.67 billion, according to the latest 8MarketCap data. That move pushed it ahead of BlackRock’s iShares Core S&P 500, the exchange-traded fund tracking the S&P 500, and lifted it to 30th place in the global asset ranking.

Terms & Concepts
  • market capitalization: The total value of a company or asset based on its current market price.
  • S&P 500: A benchmark index of 500 large U.S. companies.