Innolight Seeks Up to $7 Billion in Biggest Hong Kong Listing in Years

China’s Zhongji Innolight Co. has initiated the process of taking investor orders for a listing in Hong Kong. The company aims to raise as much as HK$55 billion, which is approximately $7 billion. This offering represents the largest listing in the city in seven years. The move signifies a major share sale as Zhongji Innolight targets significant capital through this Hong Kong public offering to expand its financial position in the global market.