July 17, 2026
Zhongji Innolight steps closer to Hong Kong share offering of up to $7 billion
HONG KONG, July 17 (Reuters) – China’s Zhongji Innolight said on Friday the Hong Kong stock exchange had approved the company’s listing plan, moving the optical parts maker closer to this year’s largest share offering in the city. The Shenzhen-listed company, which makes optical modules used in AI data centres, aims to raise up to […]
HONG KONG, July 17 (Reuters) – China’s Zhongji Innolight said on Friday the Hong Kong stock exchange had approved the company’s listing plan, moving the optical parts maker closer to this year’s largest share offering in the city.
The Shenzhen-listed company, which makes optical modules used in AI data centres, aims to raise up to $7 billion in the Hong Kong listing, sources said in June.
That would surpass Luxshare Precision’s $3.1 billion share sale on July 6 to be Hong Kong’s largest this year, LSEG data shows.
Zhongji made its IPO filings public on Friday after receiving approval to list from the Hong Kong Stock Exchange’s listing committee, which suggests it also has the go ahead from China’s securities regulator.
Companies have raised $33.8 billion from new listings in Hong Kong so far in 2026, a record year-to-date total based on LSEG data. That is more than double the $16.4 billion raised in the same period in 2025.…Read more by Thomson Reuters