Politics
Innolight Is Said Set to Price Hong Kong Listing Below Maximum
Key Points
Innolight Is Said Set to Price Hong Kong Listing Below Maximum Zhongji Innolight Co. is telling prospective investors it is on track to price its HK$53.4 billion ($6.8 billion) Hong Kong listing below the maximum, according to people familiar with the matter, as the company moves closer to sealing the city’s biggest first-time share sale in seven years. The Chinese maker of optical transceivers essential to data-center buildout is poised to price 54.5 million shares at HK$980 apiece, the...
Innolight Is Said Set to Price Hong Kong Listing Below Maximum
Zhongji Innolight Co. is telling prospective investors it is on track to price its HK$53.4 billion ($6.8 billion) Hong Kong listing below the maximum, according to people familiar with the matter, as the company moves closer to sealing the city’s biggest first-time share sale in seven years.
The Chinese maker of optical transceivers essential to data-center buildout is poised to price 54.5 million shares at HK$980 apiece, the people said, asking not to be identified to discuss a private matter.