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<IPO>EOPTOLINK (300502.SZ) Reportedly Picks Banks for HK IPO, Aims to Raise USD3B
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EOPTOLINK (300502.SZ) selected CITIC Securities and JP Morgan to advance its Hong Kong listing plan, with expected fundraising of approximately USD3 billion, Bloomberg reported, quoting people with the knowledge of the matter. Over the past year, EOPTOLINK has seen its share price in Shenzhen proliferate, bringing its market cap to USD78 billion. The company focuses on the R&D, production and sale of various high-performance optical modules and optical components. Buyers of optical modules include top-notch global technology companies such as Alphabet (GOOGL.US) and Amazon (AMZN.US), as data centers require optical modules to connect advanced chips within AI computing clusters. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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