CREALIGHTS (01191.HK): IPO Subscription Period Closes, Margin Oversubscription Hits 562 Times, Listing Scheduled for 29 June
NewTimeSpace News: The IPO subscription period of Crealights Technology Co., Ltd. (01191.HK) closed on 24 June. As of 8 a.m., total margin subscription funds reached approximately HK$86.224 billion, representing an oversubscription multiple of roughly 562 times against the HK$153 million public offering fundraising amount. The Company’s grey market trading is scheduled for 26 June, with formal listing on the Main Board of the Hong Kong Stock Exchange slated for 29 June.
NewTimeSpace News: Crealights Technology Co., Ltd. (01191.HK) wrapped up its IPO subscription period on 24 June 2026. As of 8 a.m., aggregate margin subscription funds stood at about HK$86.224 billion, translating to an oversubscription multiple of approximately 562 times based on the HK$153 million fundraising target for the public tranche.
The IPO subscription window ran from 18 June to 24 June with a fixed offer price of HK$114 per share. Each board lot contains 50 shares, with a minimum entry cost of HK$5,757.48 per application. The Company offered 13.43 million H-shares under the global offering, including 1.34 million shares for public subscription, raising around HK$1.415 billion in total net proceeds.
Crealights is a supplier of optoelectronic interconnection products whose offerings are widely deployed in AI data centers. Measured by 2025 revenue, the Company ranked 17th globally among optical transceiver vendors; when measured by revenue from AI optical transceivers, it ranked 8th worldwide among Chinese optical transceiver suppliers. The grey market trading will commence on 26 June, and the official listing on the HKEX Main Board is set for 29 June.
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