Zhongji Innolight Gets Approval for $80B Hong Kong IPO on July 17

According to ChainCatcher, optical module manufacturer Zhongji Innolight received approval from China's securities regulator and Hong Kong Exchanges and Clearing on July 17 to proceed with a Hong Kong listing. The company plans to raise up to $80 billion in the IPO, potentially making it one of the largest Hong Kong public offerings in recent years.
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