Innolight Takes Orders For $7 Billion Hong Kong Listing
Chinese optical-transceiver maker Innolight has begun taking investor orders for a Hong Kong listing to raise as much as $7 billion, according to terms of the deal.
The offering is the Hong Kong market’s largest equity debut in seven years. The pricing phase arrives as the company capitalizes on sustained investment by technology firms in artificial-intelligence infrastructure.
From the sources (5 posts)
@cnbcChina's Zhongji Innolight sees shares surge after Hong Kong listing approval
@techmemeFiling: Zhongji Innolight, China's leading optical transceiver maker, aims for an $8B Hong Kong IPO, the city's largest since Alibaba's $12.9B debut in 2019 (@depsebastian / Bloomberg) (Visit Techmeme dot com for the link and full context!
@businessChina’s Zhongji Innolight is starting to gauge investor demand for its Hong Kong listing, according to terms of the deal seen by Bloomberg News
@businessChina’s Innolight has started taking investor orders for a Hong Kong listing to raise as much as $7 billion, the city’s biggest in seven years
@reutersFrom Breakingviews - Breakingviews - Chinese Innolight’s $7 bln IPO surfs US AI boom