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SHE:300308

24 stories mentioning SHE:300308Updated 3d ago

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Asia

Market Chatter: Zhongji Innolight Close to Regulatory Nod for Hong Kong Listing

Zhongji Innolight (SHE:300308) is set to get a green light for a Hong Kong listing from China Securities Regulatory Commission, Bloomberg reported citing people familiar with the matter.If approved, Innolight may request a hearing with the Hong Kong Stock Exchange as early as this week, the people said, while asking to not to be identified.The optical communications module and device maker is looking to raise $7 billion from the listing, with details yet to be finalized, Bloomberg said, citing the people.Zhongji Innolight did not immediately respond to' request for a comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

SHE:300308
Asia

Market Chatter: Zhongji Innolight Confidentially Files For Up to $7 Billion Hong Kong IPO

Zhongji Innolight (SHE:300308) has confidentially filed for a Hong Kong initial public offering that could raise as much as $7 billion, Reuters reported Tuesday, citing sources with direct knowledge of the matter.The Chinese optical parts maker could launch its IPO as early as mid-July after securing clearance from Chinese regulators for an additional listing by late June, the report said.The firm had initially planned to raise about $5 billion but upsized the potential IPO to $7 billion after strong investor interest during roadshows, one of the sources told the news agency.Zhongji Innolight did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

SHE:300308
Asia

Zhongji Innolight Flags Chair's Forum Speech as 'False Content'

Zhongji Innolight (SHE:300308) called the online article claiming to be its chair's speech at a 2026 Optical Interconnection Forum as "malicious false content."The company said it has no knowledge of such an event and neither it nor its chair authored or delivered the alleged remarks, according to a Monday filing with the Shenzhen bourse.Shares of the optical communications module and device maker declined 2% in recent trade.

SHE:300308
Asia

Zhongji Innolight Shares Up as Q1 Profit Jumps 262%

Zhongji Innolight (SHE:300308) posted first-quarter attributable net profit of 5.73 billion yuan, up 262% from 1.58 billion yuan the previous year.Earnings per share rose to 5.14 yuan from 1.43 yuan, according to a Friday filing with the Shenzhen bourse.Operating revenue jumped 192% year over year to 19.5 billion yuan from 6.67 billion yuan.Shares of the optical communications module and device maker jumped 5% in recent trade.

SHE:300308

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