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Zhongji Innolight Prices Hong Kong IPO Below Maximum Target

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Zhongji Innolight (HKG:3308, SHE:300308) priced its Hong Kong initial public offering at HK$980.00 per H-share, below the targeted maximum price of HK$1,010, according to a Tuesday Hong Kong bourse filing.

The optical interconnect service provider expects to announce the results of the Hong Kong public offering and the international offering on July 29.

Trading in the H-shares is expected to begin on the Hong Kong Stock Exchange on July 30, subject to the global offering becoming unconditional.

The shares will trade in board lots of 50 H-shares.

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