Hardware18h ago
Zhongji Innolight Raises $6.81 Billion In IPO
HK$53.41 billion is the total raised by Zhongji Innolight in its Hong Kong listing. The optical components maker priced shares at HK$980 to fund R&D for AI infrastructure. This represents Asia’s second-largest IPO of 2026. The capital injection accelerates the production of high-speed transceivers essential for LLM training clusters.