China's Zhongji Innolight sees shares surge after Hong Kong listing approval

Shares of China's Zhongji Innolight surged as much as 8% Monday before paring some gains, after the company received approval for a major Hong Kong listing worth up to $8 billion on Friday, in what is likely to be one of the city's biggest in years.

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.