Hong Kong, July 30, 2026 (AFP) - AI data centre supplier Zhongji InnoLight falls on Hong Kong debut

NAMPA / AFP
2026-07-30
Shares in China's Zhongji InnoLight fell in the first few minutes of its Hong Kong debut Thursday, after raising at least US$6.8 billion in the city's biggest IPO since 2019. The firm, which makes high-end optical components for AI data centres, dropped more than 8.5 percent to HK$895 at around 10:17 am (0217 GMT). The Shenzhen-listed firm priced shares at HK$980, raising about HK$53.4 billion (US$6.8 billion) in Hong Kong's biggest public offeri......
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