Movement Alert|CREALIGHTS Falls 5.16% in Regular Trading, Selling Pressure Accelerates After Stabilization Period Ends

Market Focus07-27

On July 27, CREALIGHTS fell 5.16% in regular trading, trading at 79.0 HKD/share, with turnover of 752,200 HKD.

On the news front, the company's stabilization price period for its global offering officially ended on July 24, and the stabilization price operator did not purchase or sell any H shares to stabilize the price throughout the entire period. This means the stock price is now fully determined by market supply and demand without any price support mechanism.

Additionally, the company previously issued 2,014,700 additional H shares through the full exercise of the over-allotment option at an issue price of 114 HKD per share, with these shares listed for trading on July 13. The increased circulating supply has continued to weigh on the stock. Since July 17, the share price has declined persistently, now trading more than 30% below its IPO price of 114 HKD, with the break-below-IPO effect further intensifying market selling pressure.

(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.)

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