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Bloomberg: Jiln Technology has been approved to list in Hong Kong to raise $8 billion

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PANews, July 18 — According to a report by Bloomberg, optical module company Zhongji Innolight Co. has received approval from the China Securities Regulatory Commission and the Hong Kong Stock Exchange to list in Hong Kong. It is expected to become one of the largest IPOs in the Hong Kong market in recent years. The news shows that on July 17, Zhongji Innolight received approval from China’s securities regulator for its plan to list shares in Hong Kong; it had previously obtained a listing approval from the Hong Kong Stock Exchange. If the listing is completed successfully, the company’s fund-raising amount is expected to reach up to $8 billion, making it one of the most highly anticipated new share offerings in Hong Kong’s capital markets in recent years.
HKEX-1.31%
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