Innolight Is Said Set to Price Hong Kong Listing Below Maximum

Zhongji Innolight Co. is telling prospective investors it is on track to price its HK$53.4 billion ($6.8 billion) Hong Kong listing below the maximum, according to people familiar with the...

By Dave Sebastian and Julia Fioretti · Bloomberg Markets

Zhongji Innolight Co. is telling prospective investors it is on track to price its HK$53.4 billion ($6.8 billion) Hong Kong listing below the maximum, according to people familiar with the matter, as the company moves closer to sealing the city’s biggest first-time share sale in seven years.