Creality (03388.HK) surged 70.6% to close at $32.08 on the gray market ahead of its May 29 listing on the Hong Kong Stock Exchange. The 3D printer maker opened at $26.90 and peaked at $40 during the session, with turnover reaching $176.23 million on 5.32 million shares traded, according to Futu data.
Creality (03388.HK) closed at $32.08 on the gray market, up 70.6% from its listing price, ahead of its May 29 HKEX debut.
The stock opened at $26.90, up 43.1%, and touched a high of $40 during the session, according to Futu data. The gray market close of $32.08 represents a $1,992 book gain per board lot of 150 shares, excluding handling fees.
Volume reached 5.32 million shares with turnover of $176.23 million on Futu's platform. Data from PhillipMart showed the stock closing at $30.24, up 60.9%, on volume of 5.15 million shares and turnover of $161 million, with a book gain of $1,716 per board lot.
The 70.6% gray market gain shows strong demand for Creality shares ahead of its official Main Board listing. First-day trading on May 29 will test whether buyers sustain the momentum at the $18.80 listing price.
The strong gray market performance gives Creality a positive start as it prepares to begin trading on the Hong Kong Stock Exchange. Investors will watch the stock's first-day performance on May 29 for signs of continued demand.
This article is for informational purposes only and does not constitute investment advice.
