Creality Lists on HKEX with 3,829x Oversubscription, Shares Surge 80% on Debut

On May 29, 2026, Creality (stock code: 3388.HK) was officially listed on the Main Board of the Hong Kong Stock Exchange, becoming the first consumer 3D printing company to go public on HKEX. The company offered 73,427,550 shares at an issue price of HK$18.80 per share, raising approximately HK$1.27 billion (approximately US$163 million).

Investor demand was overwhelming. The retail tranche was 3,829x oversubscribed — one of the highest oversubscription rates for a Hong Kong tech IPO in recent years — while the institutional tranche achieved 27x oversubscription. The IPO valued Creality at approximately US$1.12 billion, and the stock opened at HK$33.88 on its first trading day, roughly 80% above the issue price, giving the company a market capitalization of approximately HK$87.8 billion.

According to its prospectus, Creality posted 2025 revenue of RMB 31.3 billion with an adjusted net profit of RMB 924 million. The company holds approximately 11.2% of the global consumer 3D printing market and owns 957 patents. Overseas revenue accounts for a significant portion of total sales.

Creality’s ecosystem platform, Creality Cloud, has amassed over 6.2 million users and hosts more than 2.7 million shared 3D models, positioning it as one of the largest online communities dedicated to consumer 3D printing.

Four cornerstone investors backed the listing: Taikang Life, CITIC CLSA, CPE Fund, and Jump Trading, signaling strong institutional confidence in Creality’s long-term growth trajectory.

Proceeds from the IPO are earmarked for research and development — including AI-driven printing technologies — production capacity expansion, and overseas market development. The consumer 3D printing hardware and services market is forecast to reach US$27.2 billion by 2030, according to Frost & Sullivan data cited in the prospectus.