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Zhongji Xuchuang secretly submits Hong Kong stock listing application, plans to raise at least $3 billion
**Opinion Network News: **On April 2, according to insiders, China’s optical communications company, InnoLight Technology Co., Ltd., has secretly filed an application for a Main Board listing with the Hong Kong Stock Exchange Limited. This IPO is expected to become one of the largest initial public offerings in Hong Kong this year.
Information shows that InnoLight Technology plans to conduct its first overseas listing of shares (H shares). The issuance size will not exceed 8% of the company’s total share capital after the issuance, and it will grant the overall coordinator the right to exercise an over-allotment option of up to 15% of the total number of H shares in this offering. InnoLight Technology: Announcement of Resolutions of the 27th Meeting of the Fifth Session of the Board of Directors.
It is understood that the company plans to raise at least USD 3 billion through this listing and financing, but the relevant discussions are still ongoing. Details such as the offering size and timing have not yet been finalized. It is reported that InnoLight Technology has already secretly submitted an application for a Hong Kong stock listing.
Disclaimer: The content and data in this article have been compiled by Opinion Network based on publicly available information and do not constitute investment advice. Please verify before use.