Zhongji Innolight raises $8.8 billion in Asia’s second-largest listing of 2026

Global Market: Zhongji Innolight raises $6.81 billion in Hong Kong listing, Asia’s second-biggest IPO of 2026

Zhongji Innolight raised $6.81B in Hong Kong IPO—Asia's second-largest 2026 deal—for optical transceivers serving AI infrastructure. The surge signals China's AI supply-chain independence push as Q1 profits quadrupled on US demand amid export restrictions.