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<IPO>ZHONGJI INNOLIGHT Reportedly Considering HK Listing to Raise >US$3B
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Chinese optical communication module and equipment manufacturer, ZHONGJI INNOLIGHT (300308.SZ), planned to list in Hong Kong, aiming to raise at least US$3 billion, Bloomberg quoted sources as saying. The Company is collaborating with CICC, GF Securities, Goldman Sachs and Morgan Stanley. ZHONGJI INNOLIGHT, with a market capitalization of RMB546 billion, may become one of the largest IPOs in Hong Kong next year. The Company's share price has surged 237% since the end of June, with a total incline of 300% YTD. AASTOCKS Financial News Website: www.aastocks.com |
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