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Chinese AI Hardware Maker Innolight Launches $7 Billion Hong Kong Mega IPO

Published: Jul. 22, 2026 6:17 p.m. GMT+8

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Zhongji Innolight Co. Ltd. Photo: VCG

Leading Chinese optical module maker Zhongji Innolight Co. Ltd. (300308.SZ) has launched a $7 billion Hong Kong IPO, according to a Wednesday prospectus, poised to be the city’s largest listing this year.

The massive share sale underscores robust global appetite for AI infrastructure. The Shenzhen-listed company has secured $3.45 billion from 29 cornerstone investors, including Temasek, BlackRock, Hillhouse, Alibaba and Tencent.

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