Luxshare Precision Industry Co., a key Apple supplier, is poised to raise HK$24.3 billion ($3.1 billion) by pricing its Hong Kong listing shares at the maximum amount of HK$63.28 apiece. This pricing translates to a 13% discount compared to Luxshare’s HK$62.88 closing price in Shenzhen on Monday. This major listing marks the largest share debut in Hong Kong for 2026.
The Shenzhen-based manufacturer of components, notably a primary assembler of AirPods, is offering 383.5 million shares. The maximum price of HK$63.28 per share represents a 16% discount to Luxshare’s 65.30 yuan closing price in Shenzhen the previous Monday. This capital raise will be a significant boost for the company.
Approximately 90% of these shares are earmarked for international investors, with the remaining allocation going to Hong Kong retail buyers. Trading for these shares is anticipated to commence on July 9. The final offer price was determined by July 7, with pricing and allocation results due on July 8.
Luxshare, recognized as one of Apple's critical manufacturing partners, holds the distinction of being the largest provider of precision intelligent manufacturing solutions in mainland China. According to Frost & Sullivan, it was also the fifth-largest globally by 2025 revenue. The company produces components and systems across various sectors, including consumer electronics, automotive electronics, communications, and data centers.
This listing comes as Luxshare seeks to diversify its business beyond consumer electronics, which accounted for nearly 80% of its revenue last year. The automotive electronics sector has shown rapid growth, contributing 11.8% of sales in 2025, a significant increase from 3.9% just two years prior, indicating a strategic shift in its business focus.
