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ZOOM+ Close to Securing Approval for Hong Kong IPO, Eyeing Up to US$7 Billion in Fundraising
1 week ago /
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Author：小编
According to informed sources, ZOOM+ is on the verge of receiving approval from Chinese securities regulators for its planned Hong Kong listing, a move that is poised to rank among the largest IPOs in Hong Kong in recent memory. Once the green light is given, the company could submit its application for a listing hearing to the Hong Kong Stock Exchange as early as this week.
As a leading manufacturer of optical transceiver modules tailored for AI and data center applications, ZOOM+ is aiming to raise approximately US$7 billion, a figure that significantly surpasses initial market estimates. Nevertheless, specifics regarding the exact issue size and the precise timing of regulatory clearance are still pending and subject to change.
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