Wednesday, 22 July, 2026
AI Boom Powers $7 Billion IPO Push for Data Center Giant
By TechShots Studio

Chinese optical transceiver maker Zhongji Innolight is planning a major Hong Kong listing to raise up to $7 billion. Driven by soaring global demand for high-speed AI data center components, the company aims to expand production capacity, boost R&D, and strengthen its international supply chain to support next-generation cloud and artificial intelligence infrastructure.
Read full story at CIO ECONOMIC TIMES