On July 17, documents from the Hong Kong Stock Exchange (HKEX) revealed that Zhongji Innolight Corporation, a leading enterprise in the optical module industry, has passed its listing hearing for a Hong Kong stock listing, marking a new phase in its preparations for going public on the HKEX. Zhongji Innolight plans to raise approximately US$7 billion, potentially making it the largest IPO on the HKEX this year.
