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Zhongji Innolight is reported to end investor subscriptions for its Hong Kong share offering ahead of schedule
3 day ago /
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Author：小编
According to sources familiar with the matter, Zhongji Innolight, originally scheduled to close subscriptions from institutional investors for its Hong Kong share offering on July 27, now plans to stop accepting subscriptions at 5 p.m. on Friday, one working day ahead of the original schedule. Transaction terms indicate that investor subscription intentions have reached several times the size of the share offering. Zhongji Innolight began accepting subscriptions on Wednesday and plans to raise up to US$7 billion through its Hong Kong listing.
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