Insiders: Zhongji Innolight Plans to Set Hong Kong IPO Price at HKD 980 Per Share

Odaily reported that, according to media citing insiders, Zhongji Innolight has told potential investors that its Hong Kong IPO price is set to be below the top of the marketed range. The company will set the price at HKD 980 per share, according to people familiar with the matter, who asked not to be identified as the information is not yet public. The previous top of the marketed range was HKD 1,010. (Sina Finance)