Global Market: Ligent Technologies Jumps 19% in Hong Kong Listing Debut

Mainland Chinese optical tech firm gains in debut amid Hong Kong spin-off wave

Ligent’s steady market debut comes as Hong Kong moves to streamline spin-off requirements.

Ligent Technologies jumps in Hong Kong debut, outpacing key indices

Global Market: Ligent Technologies jumps 19% in Hong Kong listing debut

Ligent Technologies shares surged nearly 19% in their Hong Kong debut after the Chinese fibre-optic communications equipment maker raised HK$5.67 billion through its IPO. The stock opened above its offer price and gained further before paring back some gains. Strong retail and institutional demand drove the closely watched listing debut.

Ligent Technologies to Debut After $727 Million in Hong Kong IPO

AI computing networks maker Ligent Technologies Inc. is set to debut on the Hong Kong stock exchange on Tuesday after raising HK$5.7 billion ($727 million) in a initial public offering, adding to this year’s stampede of companies capitalizing on the global artificial intelligence buildout.

Ligent Technologies to debut on Hong Kong stock exchange after $727M IPO

Ligent Technologies raises $727M in Hong Kong IPO, pricing 172 million shares at HK$32.96 each for a $4.13B valuation as AI infrastructure demand