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Innolight falls after a report said the US plans to restrict imports of new Chinese data center optical transceivers; 62% of its Q1 revenue came from the US (Reuters)
Zhongji Innolight's stock fell after a Reuters report indicated the US plans to restrict imports of new Chinese data center optical transceivers, threatening its largest revenue market.
Aug 5, 2026
Sources: the FCC is drafting a restriction on US imports of new models of Chinese data center optical transceivers, set to take effect upon publication in 2026 (Alexandra Alper/Reuters)
The FCC, under the Trump administration, is drafting a restriction to ban U.S. imports of new models of Chinese data center optical transceivers, scheduled to take effect upon publication in 2026.
Aug 4, 2026
Innolight, China's leading maker of optical transceivers, closes 2% below its Hong Kong IPO price after raising ~$6.8B, the city's biggest listing since 2019 (Bloomberg)
Zhongji Innolight Co., China's top optical transceiver manufacturer, held a record-breaking HK$53.4 billion ($6.8B) IPO in Hong Kong—the city's largest since 2019—but closed its first trading day 2% below the offering price.
Jul 30, 2026