Zhongji Innolight Gets Approval for Hong Kong IPO, Eyes Up to $8 Billion Fundraising

According to Bloomberg, Zhongji Innolight received approval from China's securities regulator and the Hong Kong Exchanges and Clearing on July 17 to proceed with a Hong Kong IPO. The optical module manufacturer plans to raise up to $8 billion, positioning the listing among the largest IPO cases in Hong Kong's market in recent years.
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