Archicad lights are placed at wrong coordinates with direct link using Twinmotion 2023 Preview 2

Yes, this has been identified as a bug and they are actively working for a fix. Meanwhile there is a workaround . Use Keep Hierarchy for importing option and it will behave normal.

You could also create a separate Archicad scene just with the lights and save it as .datasmith and then add it as an import source if you dont want to Keep Hierarchy for the whole model.