- Apple supplier Luxshare Precision Industry is seeking to raise as much as $3.1 billion through a Hong Kong share sale.
- About 90% of the shares will be allocated to international investors.
- Trading is expected to begin on July 9.
Apple supplier Luxshare Precision Industry plans to raise as much as $24.27 billion Hong Kong dollars ($3.1 billion) through a Hong Kong share sale, according to a stock exchange filing Tuesday.
The
Shenzhen-listed electronics manufacturer intends to offer 383.5 million H shares at a maximum price of HK$63.28 each, its prospectus showed.
About 90% of the shares will be allocated to international investors, with the remainder offered to Hong Kong retail buyers. Trading is expected to begin on July 9.
The company is expected to determine the final offer price by July 7, with pricing and allocation results due the following day.
Luxshare, one of Apple's key manufacturing partners, is the largest provider of precision intelligent manufacturing solutions in mainland China and the world's fifth largest by 2025 revenue, according to Frost & Sullivan.
The company manufactures components and systems spanning consumer electronics, automotive electronics, communications and data centers.
The listing comes as Luxshare seeks to diversify beyond consumer electronics, which accounted for nearly 80% of revenue last year. Automotive electronics has emerged as a fast-growing business, contributing 11.8% of sales in 2025, up from 3.9% two years earlier.<small>Source: CNBC</small>
Business
Apple supplier Luxshare seeks up to $3.1 billion in Hong Kong share sale
CNBC
June 30, 2026
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