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Last update: 10 hours ago

HK IPO Watch: Optical AI data-centre component maker Zhongji InnoLight has opened orders for a Hong Kong listing aiming to raise up to HK$55bn (US$7bn), potentially the city’s biggest share sale since Alibaba’s 2019 debut; pricing is up to HK$1,010 per share with a July 30 listing date, as demand for optical transceivers keeps surging. AI Infrastructure in the Region: Singapore plans S$4bn over 15 years to expand air-traffic capacity using AI and a larger controller workforce, including a new system that can handle thousands of aircraft positions in real time. Fintech Recognition (HK): OSL Group, a Hong Kong-headquartered stablecoin payments and trading platform, was named again to CNBC/Statista’s “World’s Top Fintech Companies 2026” list, highlighting its USDGO stablecoin and cross-border push. AI Commerce Platform: Synagie (HK-listed) launched Geene 2.0, a “Trusted AI Commerce Intelligence Ecosystem” SaaS meant to connect data, AI, media, commerce and blockchain for scalable business transformation, available early August. Health & Biotech: Ashlins Pharmaceuticals licensed an interferon alpha-2b formulation from Lee’s Pharmaceutical for rare-disease development and targets an FDA pathway with a pre-investigational meeting in early August.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Data centre component maker Zhongji InnoLight seeks $7bn in Hong Kong listing

Data centre component maker Zhongji InnoLight seeks $7bn in Hong Kong listing


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7 hours ago

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Axiom Biosciences Announces Intention to Become the First U.S. Biotech to List on the Hong Kong Stock Exchange

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