AI supplier Innolight slides after Asia’s second-biggest listing of 2026

Chinese optical parts maker's Hong Kong debut overshadowed by tech buildout worries Zhongji Innolight's Chairman and President Liu Sheng, center, attends a listing ceremony with other executives in Hong Kong on July 30. (Photo by Gloria Li) HONG KONG — Shares in China's Zhongji Innolight fell in their Hong Kong debut on Thursday, after the supplier of key AI-related equipment raised HK$53.4 billion ($6.8 billion) in Asia's second-biggest listing so far this year.

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