Hong Kong is revamping its stock market to attract AI hardware listings, with the Hang Seng Indexes Company proposing changes to the Hang Seng Tech Index to include more growth-oriented firms and reve…
Hong Kong is expanding its stock market's technology exposure to challenge Nasdaq's dominance in the global AI trade, as mainland Chinese hardware companies like optical transceiver makers line up for…
The FCC is preparing restrictions on Chinese optical transceivers, causing shares of Zhongji Innolight and Eoptolink to briefly fall nearly 10% in a single day, though Coherent's factory in Wuxi compl…
Google DeepMind CEO Demis Hassabis is stepping down to become Chairman of DeepMind and Chief Scientist of Alphabet, with Corey Kavukcuoglu, CTO and Google Chief AI Architect, succeeding him as CEO. Se…
Shares of China's leading optical-module makers rebounded on Wednesday after analysts downplayed the impact of proposed US restrictions that could block future American AI data centre sales. Zhongji I…
The Federal Communications Commission is drafting rules that could block imports of Chinese-made optical transceivers into US data centers, a move that Counterpoint Research warns would create a 12-to…
A US ban on Chinese data centre components, including optical transceivers, is unlikely to dent China's export engine, as Chinese companies can shift sales to other fast-growing markets like Malaysia,…
Chinese AI hardware stocks plunged Wednesday after Reuters revealed the Trump administration is drafting a ban on U.S. imports of new Chinese data center components, specifically targeting optical tra…
The Federal Communications Commission is drafting a measure to ban imports of new Chinese optical transceivers, which are used in data centers to train and run AI models, according to a Reuters report…
The Trump administration is drafting a ban on U.S. imports of new models of Chinese data center components, specifically optical transceivers, according to four sources familiar with the matter. The F…
China's stock traders cut leveraged bets by 14% in July, with margin debt falling to 2.59 trillion yuan ($383.4 billion) from a record 3.01 trillion yuan on June 25, according to Wind data. The unwind…
An investor who bought 100 shares of Zhongji Innolight (300308) at ¥920 this morning saw the stock drop to ¥847 within two hours, losing ¥7,300 before lunch. In a head-to-head analysis of Zhongji Inno…
Zhongji Innolight opened at HK$971, about 0.9% below its HK$980 offer price, after raising HK$53.41 billion ($6.81 billion) in Hong Kong's largest share sale since Alibaba's 2019 secondary listing. Th…
Zhongji Innolight raised HK$53.41 billion ($6.81 billion) in its Hong Kong H-share IPO, pricing shares at HK$980 each, with trading set to begin July 30. The retail tranche was 9.17 times oversubscrib…
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…
Shares of Zhongji Innolight declined 2.3% in their Hong Kong debut on Thursday (Jul 30), after the Chinese maker of data centre optical parts raised HK$53.4 billion (US$6.8 billion) in the city’s bigg…
Zhongji Innolight's shares fell as much as 3% on their Hong Kong debut Thursday, dropping 2.86% to HK$953 by 9:33am, amid a global sell-off of AI-related stocks. The Chinese optical transceiver maker …
Zhongji Innolight has secured more than 30 cornerstone investors for its US$8 billion Hong Kong IPO, set for July 30, which would be the city's largest listing in seven years. Nearly half the base sha…
Zhongji Innolight, a Chinese maker of high-speed optical transceivers, is pursuing a Hong Kong listing worth up to $8bn, which would be the city's largest IPO since Alibaba's $12.9bn debut in 2019. Th…
Zhongji Innolight, a Shenzhen-listed optical module maker supplying AI data center components for Nvidia's ecosystem, has secured approval for a secondary listing on the Hong Kong Stock Exchange that …