Innolight Prices $6.8 Billion Hong Kong Listing Below Maximum

Zhongji Innolight Co. raised HK$53.4 billion ($6.8 billion) after pricing its Hong Kong listing below the maximum offered in one of the city’s biggest first-time share sale in seven years.

By Dave Sebastian and Julia Fioretti · Bloomberg Markets

Zhongji Innolight Co. raised HK$53.4 billion ($6.8 billion) after pricing its Hong Kong listing below the maximum offered in one of the city’s biggest first-time share sale in seven years.