ZJ Innolight (3308), the ninth-largest Hong Kong IPO by fundraising amount in history, opened its retail subscription today and will run through next Monday, July 27. The public offer was fully subscribed on the first day, according to Ming Pao.
By 9 p.m., the retail tranche was 1.9 times oversubscribed on margin financing, with brokers lending HK$15.89 billion in margin funds. Futu Securities accounted for the largest share at HK$6.879 billion.
STOCKS | ZJ Innolight IPO Oversubscribed 1.9 Times On First Day
2026-07-22 13:37:36
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