InnoLight’s Hong Kong debut falls below issue price as controlling shareholder offloads 6.2m shares
Between 28 May 2025 and 30 July 2026, the controlling group sold a combined 6,208,552 A-shares, including 5.5 million from the holding entity and 708,600 from Wang Xiaodong. At the 864 yuan closing price, those 6.21 million shares are worth over 50 billion yuan. On the same day the company debuted in Hong Kong, issuing … Read more