AI supplier Zhongji Innolight raises $6.8 billion in Hong Kong’s biggest IPO since


Investing.com -- Chinese optical transceiver maker Zhongji Innolight raised HK$53.4 billion ($6.81 billion) in Hong Kong's largest initial public offering since 2019, underscoring strong investor appetite for companies tied to the global artificial intelligence infrastructure boom. Track IPOs, AI stocks and market-moving news with InvestingPro - now 60% off Shandong Zhongji Electrical Equipment Co Ltd (SZ:300308) priced its offering at HK$980 per share, below the top end of its marketed range of HK$1,010, after selling 54.5 million H shares.
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Investing.com -- Chinese optical transceiver maker Zhongji Innolight raised HK$53.4 billion ($6.81 billion) in Hong Kong's largest initial public offering since 2019, underscoring strong investor appetite for companies tied to the global artificial intelligence infrastructure boom. Track IPOs, AI stocks and market-moving news with InvestingPro - now 60% off Shandong Zhongji Electrical Equipment Co Ltd (SZ:300308) priced its offering at HK$980 per share, below the top end of its marketed range of HK$1,010, after selling 54.5 million H shares. Trading is scheduled to begin on July 30. Zhongji manufactures high-speed optical transceivers used in AI data centres and cloud computing networks, making it one of the biggest beneficiaries of surging investment in AI infrastructure.
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- What's the story?
- Investing.com -- Chinese optical transceiver maker Zhongji Innolight raised HK$53.4 billion ($6.81 billion) in Hong Kong's largest initial public offering since 2019, underscoring strong investor appetite for companies tied to the global artificial intelligence infrastructure boom. Track IPOs, AI stocks and market-moving news with InvestingPro - now 60% off Shandong Zhongji Electrical Equipment Co Ltd (SZ:300308) priced its offering at HK$980 per share, below the top end of its marketed range of HK$1,010, after selling 54.5 million H shares.
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- 2 outlets, average source rating 6.0/10.
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- 6m ago.
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AI supplier Zhongji Innolight raises $6.8 billion in Hong Kong’s biggest IPO since
Sources1TypeCoverageInvesting.com · Stock Market