China AI supplier Zhongji Innolight slips in Hong Kong debut after $6.8 billion IPO

Shares of Zhongji Innolight fell on Thursday after the Chinese optical transceiver maker made its trading debut on the Hong Kong Stock Exchange.

The top 3

  1. Top 3 Global IPOs by Gross Proceeds: SpaceX is projected to be the largest IPO ever, expected to raise $75 billion or $86.3 billion, followed by Saudi Aramco at $25.6 billion and Alibaba at $21.8 billion.
  2. Top 3 Tech IPOs by Funds Raised: SpaceX is expected to lead with $75 billion (or $86.3 billion), followed by Alibaba at $21.8 billion (or $25 billion including overallotment), and SoftBank Corp at $21.3 billion.
  3. Top 3 Tech IPOs with Highest Initial Valuation: SpaceX is expected to achieve the highest initial valuation at $1.75 trillion, followed by SK hynix at $1.086 trillion, and Alibaba at $167.7 billion.

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