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The Nexus
BUSINESSJun 5 · 07:30 UTCSCMP WORLDZhang Shidong

AI hyperscaler effect vaults China’s Zhongji Innolight to top of CSI 300 benchmark

Zhongji Innolight, a supplier of optical modules to US hyperscalers, became the largest constituent of China’s CSI 300 benchmark with a 5% weighting, driven by the AI hyperscaler effect. The company is based in Shandong province and highlights AI’s growing influence on China’s equity market.

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