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Why is Zhongji unveiling US$1.2 billion in buy-backs before its Hong Kong debut?
Zhongji Innolight is repurchasing up to 8 billion yuan (US$1.2 billion) of its Shenzhen-listed shares ahead of its Hong Kong offshore listing. The move aims to provide pricing stability for investors and address potential volatility in its trading debut, as the Chinese company supplies optical transceivers for AI data centers to US hyperscalers.
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