Shares of Chinese optical parts maker Zhongji Innolight fell 10% during their Hong Kong debut on Thursday, July 30, 2026. The company, a key supplier of AI-related equipment, raised HK$53.4 billion (approximately $6.8 billion) in what is Asia's second-biggest listing so far this year. The debut was overshadowed by concerns over the technology buildout sector. Zhongji Innolight's Chairman and President Liu Sheng attended the listing ceremony in Hong Kong alongside other executives.
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