04:20
2026-07-30
startupfortune.com
ai-infrastructure
Zhongji Innolight's record Hong Kong IPO stumbles out of the gate as geopolitical risk reprices AI hardware
Zhongji Innolight raised HK$53.41 billion ($6.81 billion) in Hong Kong's largest IPO since Alibaba's 2019 secondary listing, but shares fell as much as 9.4% on their July 30 debut, according to the Fi…