The China company’s planned deal, valued at about $7 billion, would mark Hong Kong’s biggest new listing in seven years.
Zhongji Innolight has launched an initial public offering in Hong Kong seeking up to HK$55 billion, or about $7 billion. The deal is being framed as the city’s largest listing in seven years, underscoring the potential for a major capital-markets revival in Hong Kong if investor demand holds through pricing and debut trading.