Global Market: Zhongji Innolight shares slip in Hong Kong debut after record $6.8 billion IPO

· economictimes.indiatimes.com

Chinese optical component maker Zhongji Innolight fell up to 8% in its Hong Kong listing debut on Thursday after raising HK$53.4 billion ($6.8 billion) in the city's largest IPO of 2026. Despite weak market sentiment surrounding AI valuations, long-term investor focus remains on the company's leading global market share.

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