On July 15, sources revealed that Zhongji Xuchuang is about to receive approval from Chinese securities regulators, with its Hong Kong listing plan expected to become one of the largest IPOs in Hong Kong in recent years. The sources indicated that once approved by the China Securities Regulatory Commission, Zhongji Xuchuang could begin applying for a hearing with the Hong Kong Stock Exchange, potentially as early as this week. The company, which produces optical transceiver modules for artificial intelligence and data centers, is considering raising approximately $7 billion in this stock issuance. This amount would significantly exceed previous market expectations. However, they noted that details, including the issuance scale and the timing of final regulatory approval, may still change.