[InnoLight reportedly close to approval for Hong Kong IPO, fundraising could reach $7 billion] According to a report by Jinse Finance on July 15, sources familiar with the matter revealed that InnoLight is on the verge of receiving approval from Chinese securities regulators for its Hong Kong IPO plan, which is expected to become one of the largest IPO projects in Hong Kong in recent years. Sources stated that once approved by the China Securities Regulatory Commission (CSRC), InnoLight can proceed to apply for a hearing with the Hong Kong Stock Exchange, potentially as early as this week. The sources mentioned that the company, which manufactures optical transceiver modules for artificial intelligence and data centers, is considering raising approximately $7 billion in this stock offering. This amount significantly exceeds previous market expectations. However, they noted that details, including the offering size and the final timeline for regulatory approval, are still subject to change. (Jin10)