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<IPO>EOPTOLINK (300502.SZ) Reportedly Picks Banks for HK IPO, Aims to Raise USD3B
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, qu...
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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)  -71.010 (-11.674%)   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.

Related News G Sachs Expects Hong Kong IPO Fundraising to Reach USD60B This Year
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.
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