The direct answer: according to the supplied event brief, Zhongji Xuchuang is reported to be pricing its Hong Kong offering at HK$980 per share, for an estimated deal size of about HK$53.4 billion, or about US$6.8 billion. If the overallotment option is exercised, the transaction could expand to about HK$61.0 billion, or about US$7.8 billion. The company is expected to list on the Hong Kong Stock Exchange on July 30, 2026, and Hong Kong Exchanges and Clearing is reported to be launching stock options on the same day if the shares list successfully. This does not create a guaranteed market outcome and should be treated as reported information that still needs final exchange and company confirmation before any trading decision.

Primary sourceWallstreetcn
Reported at2026-07-27T05:55:51.000Z
Topic股票
Evidence limitReported facts are separated from interpretation; current prices and platform terms require independent verification.
Official platform access

Evaluate BITGET for your use case

Check regional eligibility, current fees and product availability on the official destination.

Review BITGET
01

What Was Reported

The supplied brief says Zhongji Xuchuang is reported to be completing its Hong Kong offering at HK$980 per share. That price is below the previously mentioned HK$1,010 top marketing price, with the brief describing the difference as about a 3% discount.

Based on the supplied figures, the offering size is reported at about HK$53.4 billion, or about US$6.8 billion. If the overallotment option is exercised, the transaction size could rise to about HK$61.0 billion, or about US$7.8 billion.

The company is expected to list on the Hong Kong Stock Exchange on July 30, 2026. The brief also says Hong Kong Exchanges and Clearing plans to launch stock options on the company’s shares on the same date if the shares are successfully listed.

02

Why Traders Are Watching

The event is important because the brief describes the deal as potentially the largest Hong Kong new share offering in nearly seven years, and the largest since Alibaba’s 2019 Hong Kong share sale cited in the source material. That makes it a market-liquidity event, not just a single-company listing story.

Demand is also part of the story. The brief says institutional order books were reportedly closed one day early, with early interest from global long-term funds, sovereign wealth funds, and Chinese funds said to be enough to cover the full offering size. The report also says demand reached multiple times the shares available for sale.

The company is described in the brief as a core supplier of optical modules needed for data center construction. The planned use of proceeds includes research and development, capacity expansion, supply-chain improvement, mergers and acquisitions, investment, and working capital.

03

Bitget Guide Context

For readers coming from a Bitget guide, the practical link is market interpretation. A large Hong Kong IPO tied to the artificial intelligence supply chain may affect how some traders think about risk appetite, technology sentiment, and cross-market liquidity. That is an interpretation from the supplied facts, not a confirmed price relationship with crypto assets.

This article should not be read as saying that Zhongji Xuchuang’s IPO will move any specific digital asset. The supplied event brief does not name affected crypto assets, and it does not provide evidence of a direct link to token prices, exchange flows, or on-chain activity.

If you choose to continue through the provided Bitget route, the supplied CTA path is BITGET official destination and the supplied code is 11350287. Treat that as navigation context only. It is not a promise of eligibility, rewards, execution quality, or trading results.

04

Practical Checks

Before using this event in any market plan, verify whether the final offer price was officially published on or before July 28, 2026, as expected in the supplied brief. Also verify whether the July 30, 2026 listing proceeds as scheduled.

Check whether Hong Kong stock options actually begin trading on the listing day. The brief says monthly and weekly expiry contracts are planned if the underlying shares list successfully, so the condition matters.

Compare the reported HK$980 H-share price with the A-share reference points supplied in the brief: the earlier Shenzhen close of RMB1,046.51 and the later reported A-share price of RMB1,034.77 at publication time. The brief describes the HK$980 price as about a 19% discount to the earlier A-share reference.

For any platform action, separate news monitoring from trade execution. Decide in advance what information would change your view, what would invalidate the trade idea, and what loss limit would apply. Do not use the existence of an IPO or an options launch as a substitute for risk control.

05

Evidence Limits

The supplied source material is report-based and includes information attributed to people familiar with the matter. That means the article can summarize what was reported, but it should not present all figures as final confirmed company or exchange outcomes unless the brief itself states them as confirmed.

The brief gives a source rating of B and an impact score of 61. Those are useful editorial signals, but they are not proof of future performance, allocation, listing-day demand, option liquidity, or secondary-market direction.

No claims are made here about search indexing, ranking, traffic, registrations, conversion outcomes, or CPA performance. No financial advice is provided. Market prices can move against expectations, and readers should judge whether any opinion or action fits their own objectives, finances, and risk tolerance.

Official platform access

Evaluate BITGET for your use case

Check regional eligibility, current fees and product availability on the official destination.

Review BITGETAffiliate link · Availability varies by region · No guaranteed outcome
FAQ

Questions readers ask

What is the reported Zhongji Xuchuang Hong Kong IPO price?

The supplied brief says the Hong Kong offering is reported to be priced at HK$980 per share, below the earlier HK$1,010 top marketing price.

How large is the reported offering?

The brief puts the offering size at about HK$53.4 billion, or about US$6.8 billion. If the overallotment option is exercised, it could expand to about HK$61.0 billion, or about US$7.8 billion.

When is Zhongji Xuchuang expected to list in Hong Kong?

The supplied brief says the H shares are expected to list on the Hong Kong Stock Exchange on July 30, 2026.

Will options trading start on the listing day?

The brief says Hong Kong Exchanges and Clearing plans to launch Zhongji Xuchuang stock options on July 30, 2026 if the shares are successfully listed, with monthly and weekly expiry contracts expected to begin trading that day.

Does this IPO report directly affect crypto prices?

The supplied brief does not provide evidence of a direct effect on any crypto asset. For crypto-market readers, it is better treated as a broader sentiment and liquidity item rather than a direct trading signal.

What should Bitget-oriented readers check before acting?

They should verify final pricing, listing status, option availability, and their own risk rules. If using the supplied Bitget route, BITGET official destination and code 11350287 should be checked directly without assuming any benefit or outcome.

Independent educational content. Last updated 2026-07-28. This page is not investment, legal or tax advice.