Zhongji Innolight (300308.SZ) stock: what the stake-sale update means for the week ahead
Zhongji Innolight’s controlling shareholder completed a planned sale of 5.5 million shares, cutting its stake to 10.93%, according to a Friday filing. Zhongji shares closed down 1.3% at 617 yuan. Investors now await a Jan. 28 vote on the company’s proposed Hong Kong H-share listing. Mainland markets are closed for the weekend.