Zhongji Innolight drops 5% in Hong Kong debut after $6.8 billion IPO
What's new: The deal was Hong Kong's biggest share sale of 2026, but the stock opened below its HK$980 offer price amid a broader AI-chip pullback.
Bloomberg, CNBC +1
Subject
#Hong Kong Stock Exchange
Luxshare raises $3.1 billion in Hong Kong IPO, then slips 5% on debut
What's new: The Apple supplier priced at HK$63.28 a share, with proceeds earmarked for auto electronics, AI factory upgrades and deals.
Bloomberg, The Business Times (Singapore) +1
Luxshare prices $3.09 billion Hong Kong listing at top end
What's next: Trading is due to start July 9 after Temasek, GIC and Hillhouse joined as cornerstone investors.
Bloomberg, The Business Times (Singapore)
Hong Kong issuers target 1,000 thinly traded stocks for liquidity push
Why it matters: Many sub-HK$500 million listings trade under HK$100,000 a day, limiting analyst coverage and follow-on fundraising.