---
title: "BRIEF: Heavily oversubscribed CREALITY rises in Hong Kong debut"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288029351.md"
description: "Shenzhen CREALITY Technology Co., Ltd. saw its stock price rise 80% on its first day of trading in Hong Kong, closing at HKD 25.62 per share, an increase of 36% from the issue price. The company issued 73.43 million shares at HKD 18.80 per share, raising a net income of HKD 1.27 billion (USD 163 million). The public offering was oversubscribed 3,800 times by local investors, while the international placement was oversubscribed 25.8 times. 15 cornerstone investors purchased 36.6 million shares, accounting for 49.9% of the total issuance. About 30% of the proceeds will be used for research and development, and 25% for overseas business"
datetime: "2026-05-29T07:46:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288029351.md)
  - [en](https://longbridge.com/en/news/288029351.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288029351.md)
---

# BRIEF: Heavily oversubscribed CREALITY rises in Hong Kong debut

Shares of 3D printing company **Shenzhen Creality 3D Technology Co. Ltd.** (3388.HK) open up 80% in their Hong Kong debut on Friday, then later pared some of the gains to close at HK$25.62 by the midday break, up 36% from its offering price.

The company sold 73.43 million shares for HK$18.80 each, raising net proceeds of HK$1.27 billion ($163 million). The public offering for local Hong Kong investors was oversubscribed by more than 3,800 times, while the international placement was oversubscribed by 25.8 times. Fifteen cornerstone investors purchased 36.6 million shares, representing 49.9% of the total offering.

Approximately 30% of the proceeds will be used for R&D, about 25% will go to overseas operations, 25% will go to the development of global brand promotion and sales channels, and 10% will be used for investments and acquisitions.

The company’s revenue last year rose 36.7% to 3.13 billion yuan, while its loss totaled 182 million yuan.

_By Lau Chi Hang_

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