Zhongji Innolight Plunges In Hong Kong Debut As Global AI Trade Loses Steam

Zhongji Innolight Plunges In Hong Kong Debut As Global AI Trade Loses Steam  Forbes

Shares of Zhongji Innolight fell on Thursday after the Chinese optical transceiver maker made its trading debut on the Hong Kong Stock Exchange.

Zhongji Innolight saw its share price drop as much as 3 per cent after its hotly anticipated debut on the Hong Kong stock market on Thursday, as the Chinese firm felt the impact of a global downturn in investor sentiment towards the artificial intelligence sector. By 9.33am, it dropped by 2.86 per cent to HK$953. The C

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