Movement Alert｜Creality Rises 8.26% in Regular Trading, Extending IPO Momentum on Second Trading Day

Market Focus06-02

On June 2, Creality (03388.HK) rose 8.26% in regular trading, trading at HK$24.44/share, with trading volume of HK$23.77 million. The stock continued its upward trajectory on its second trading day following a blockbuster IPO debut.

Creality officially listed on the HKEX main board on May 29 as the first consumer-grade 3D printing stock in Hong Kong. During the IPO subscription phase, the Hong Kong public offering was oversubscribed 3,829.42 times, with margin subscriptions exceeding HK$350 billion. On its first trading day, the stock opened 80% above its offering price of HK$18.80 before pulling back to close at HK$22.80, up 21.28%. The company introduced 15 cornerstone investors including Taikang Life and CITIC Xingye International, collectively subscribing to nearly 50% of shares offered.

Creality is the world's second-largest consumer-grade 3D printing company by GMV with an 11.2% market share, and ranks first globally in consumer 3D scanners with a 45.3% market share. Its sales network covers approximately 140 countries and regions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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