
A 0.17% Cart Abandonment Rate Deserves More Attention Than Code Bug Rates
I noticed an interesting detail: ChangXin Memory Technologies' IPO had a subscription abandonment rate of 0.17%, totaling 6.5862 million shares. Calculated at the issue price of 8.66 yuan, that's nearly 57 million yuan. This figure isn't high by the standards of A-share new share subscription history, but considering this is a domestic storage giant listing on the STAR Market, there are some engineering-perspective insights worth unpacking behind that 0.17% abandonment rate.
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