Innolight Gets Approval for Up to $8 Billion Hong Kong Listing

Zhongji Innolight Co. received approval from China's securities regulator for a Hong Kong listing.

The listing could raise up to $8 billion, potentially one of Hong Kong's largest in years.

Hong Kong stock exchange also granted approval for the listing.

Innolight is a Chinese company specializing in optical transceivers for AI and data centers.

The approval marks a significant step for the company's expansion plans.