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Zhongji Innolight shares fall on Hong Kong debut amid global AI sell-off

South China Morning Post / 30 July 2026 / 5h ago

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Zhongji Innolight suffered a rocky start in its highly anticipated Hong Kong stock market debut on Thursday, as the Chinese firm felt the impact of a global downturn in investor sentiment towards the artificial intelligence sector. By the midday break, the company’s shares had slipped 7.4 per cent below their issue price to trade at HK$908. The Chinese firm – a leading producer of optical transcei

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Zhongji Innolight shares fall on Hong Kong debut amid global AI sell-off

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