On July 10, Crealights Technology rose 5.71% in regular trading, trading at HK$198.0 per share, with turnover of HK$14.895 million.
On the news front, the company announced on July 8 that the overallotment option was fully exercised by the overall coordinator, involving approximately 2,014,700 H shares representing 15% of the total shares offered in the global offering, at an issue price of HK$114 per share, raising approximately HK$219 million in additional net proceeds. The shares are expected to begin trading on July 13. The full exercise signals robust market demand, as the Hong Kong public offering was previously approximately 1,297 times oversubscribed. Additionally, the company recently showcased its next-generation silicon photonics solution and 6.4T NPO optical engine at MWC Shanghai, demonstrating full-stack capabilities from silicon photonic chips to modules and NPO optical engines.
Crealights Technology, founded in 2011, is a national high-tech enterprise specializing in silicon photonic chip design, chip packaging and testing, and high-speed optical module R&D and manufacturing, with products widely deployed in AI data centers supporting high-speed, high-density data transmission.
(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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