AI Supplier Zhongji Innolight Shares Drop 10% in Hong Kong Debut
China's Zhongji Innolight raised HK$53.4 billion in Asia's second-largest IPO of 2026 but saw its shares fall 10% on their first day of trading.
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China's Zhongji Innolight raised HK$53.4 billion in Asia's second-largest IPO of 2026 but saw its shares fall 10% on their first day of trading.
Showing 1-16 of 16 articles.
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Chinese optical parts maker Zhongji Innolight plans to price its Hong Kong IPO below the maximum, marking the city's largest share sale in nearly seven years.
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Kuaishou-backed Kling AI is preparing for a major funding round amid growing competition in China’s AI video generation market, with plans for a Hong Kong IPO within the year.
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Former University of Alabama coach Nick Saban wrote a letter to the court praising Terrion Arnold's character as the ex-Detroit Lions cornerback faces serious criminal charges.
Fox News Latest | Jun 30, 2026, 10:20 PMShowing 1-16 of 16 articles.