On July 22, Crealights Technology rose 5.33% in regular trading, trading at HK$107.9/share, with turnover of HK$11.15 million.

On the news front, the stock continues its technical oversold rebound following consecutive sharp declines triggered by the full exercise of the over-allotment option. The company issued 2.0147 million additional H shares at HK$114 per share on July 13, representing approximately 2.25% of previously issued shares, raising approximately HK$230 million. The increased circulating supply pressured the stock from July 17 onward, culminating in a 17.34% single-day plunge on July 20 that drove the price well below its HK$114 IPO price. After such steep consecutive declines, a technical rebound has extended into today's session.

Crealights Technology is a Beijing-based optoelectronic interconnection products provider offering optical modules, active optical cables, and other products. Its products are widely deployed in AI data centers to support high-speed, high-density data transmission, with all 400G-and-above single-mode optical modules utilizing silicon photonics technology.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)