Innolight Closes 2% Below IPO Price After Raising $6.8 Billion in Hong Kong Listing
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Innolight, China’s leading maker of optical transceivers, closed 2% below its Hong Kong IPO price after raising $6.8 billion in the listing.
The transaction marks the largest equity offering on the Hong Kong exchange since 2019.
From the sources (1 posts)
@techmemeInnolight, China's leading maker of optical transceivers, closes 2% below its Hong Kong IPO price after raising ~$6.8B, the city's biggest listing since 2019 (Bloomberg) (Visit Techmeme dot com for the link and full context!)