Shenzhen Creality 3D Technology's retail tranche oversubscribed 2,170 times

Shenzhen Creality 3D Technology's retail tranche for its Hong Kong initial public offering was oversubscribed by 2,170 times on Tuesday.

The Chinese 3D printer manufacturing company has drawn HK$299.7 billion in margin loans. It plans to offer 73.43 million H shares, raising HK$1.38 billion. The offer price is 18.6 per share. It asks for a minimum investment of HK$2,848.4 per board lot of 150 shares.

The company is scheduled to debut on May 29.

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