Chinese optical components maker Zhongji Innolight has priced its Hong Kong listing at HK$980 per H share, raising HK$53.41 billion ($6.81 billion) in what is set to become the city’s largest share sale in nearly seven years, Reuters reported.
The Shenzhen-listed company sold 54.5 million Hong Kong shares in the offering, with the final price set below the maximum limit of HK$1,010 announced when the deal was launched last week.