On July 9, Crealights Technology rose 6.01% in regular trading, trading at HK$185.3 per share, with turnover of approximately HK$61.17 million.
On the news front, the company announced on July 8 that its over-allotment option was fully exercised by the overall coordinator, involving approximately 2.0147 million H shares, representing 15% of the total shares offered under the global offering. The shares were issued at HK$114 per share, generating additional net proceeds of approximately HK$219 million. The over-allotment shares are expected to commence trading on the Stock Exchange on July 13.
The full exercise of the over-allotment option reflects robust market demand for the company, which had previously recorded approximately 1,297 times oversubscription in its Hong Kong public offering. Additionally, the company recently showcased its next-generation silicon photonics solutions and 6.4T NPO optical engine products at the Shanghai Mobile World Congress, demonstrating its 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. Its optoelectronic interconnection products are 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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