EventBusinessSeptember 16, 2026

Ligent Technologies raises HK$5.67B in Hong Kong IPO

Read original source →technode.com

The Qingdao-based optical transceiver maker priced ~172 million shares at HK$32.96 each, with trading set to begin September 22 under stock code 9856 and an expected market cap of ~HK$32.4 billion. Its transceivers convert electrical signals to light inside AI cluster switches, a layer the article calls largely invisible but essential to GPU utilization.

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