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3388 — Shenzhen Creality 3D Technology News Story

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Shenzhen Creality 3D Technology shines in Hong Kong debut

BUZZ-Shenzhen Creality 3D Technology shines in Hong Kong debut 

** Shares of Shenzhen Creality 3D Technology 3388.HK jump as much as 80.9% from the offer price to HK$34 each in their Hong Kong debut, outpacing a 1.1% rise in benchmark Hang Seng Index .HSI

** About 26.5 million shares worth more than HK$777.03 million ($99.18 million) change hands

** The China-based 3D printing platform services provider sold 74.43 million shares at HK$18.80 apiece in global offering, raising HK$1.38 billion ($176.13 million) for R&D, acquisitions and sales channel development, among others

** Hong Kong offering portion is 3,829.42 times subscribed, international offering portion is 26.80 times subscribed - co


($1 = 7.8349 Hong Kong dollars)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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