Zhongji InnoLight, the world's largest maker of optical transceivers, has begun taking orders for a listing on the Hong Kong stock exchange that could raise up to HK$55 billion (US$7 billion). This would be Hong Kong's largest share sale since Alibaba's $12.9 billion listing in 2019. The company, which is already listed in Shenzhen, is offering 54.5 million shares at up to HK$1,010 (US$129) each. The listing is expected to occur on July 30 and reflects growing optimism for China's ambitions in the AI sector.
FAQ
- **What is Zhongji InnoLight?** Zhongji InnoLight is a Chinese manufacturer specializing in optical components essential for AI data centres. It is the world's largest maker of optical transceivers, devices that convert electrical and light signals to transmit digital information through optical fibers. - **How much is Zhongji InnoLight seeking to raise?** The company aims to raise up to HK$55 billion (US$7 billion) through its listing on the Hong Kong stock exchange. - **When is the listing expected to take place?** The listing is scheduled to occur on July 30, 2026. - **Why is this listing significant?** This would be Hong Kong's largest share sale since Alibaba's $12.9 billion listing in 2019, indicating strong investor interest in China's AI sector.






























