Eoptolink Reportedly Weighs Hong Kong IPO, Aims to Raise $3 Billion

Deep News04-17

According to informed sources, global optical module leader Eoptolink Technology Inc.,Ltd. (300502.SZ) is considering a listing in Hong Kong, with expectations to raise at least $3 billion. Eoptolink was listed on the Shenzhen Stock Exchange on March 3, 2016. As of Friday's market close, its share price was 589 yuan per share, giving the company a current market capitalization of approximately 55.471 billion yuan. A growing number of optical communication companies are currently seeking listings in Hong Kong.

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