# Zhongji Innolight raises $6.8 billion in Hong Kong IPO amid strong retail demand > Source: > Published: 2026-07-30 09:52:10+00:00 Zhongji Innolight has priced its Hong Kong H-share offering at HK$980 per share and raised HK$53.41 billion, or about $6.81 billion. Trading is scheduled to begin on July 30, making the deal one of Hong Kong’s largest listings in years. Demand was already visible before the debut: the retail tranche was 9.17 times oversubscribed and attracted HK$55.99 billion in margin loans. Hong Kong Exchanges and Clearing also plans to introduce options and short-selling eligibility for the shares on their first trading day. Zhongji Innolight makes optical transceivers that convert electrical and optical signals for high-speed data transmission. Its products are used in data centers, cloud infrastructure and AI systems, linking servers and other network equipment through fiber-optic networks. [[The Standard](https://www.thestandard.com.hk/innovation/article/338320/Zhongji-Innolight-slashes-max-IPO-price-to-980-HKEX-adds-options-and-short-selling-upon-its-debut)]