Luxshare Precision Industry, a major Apple supplier, saw its shares end lower on their Hong Kong trading debut Thursday, despite raising $3.09 billion in its IPO, the largest this year. The stock closed down 1.55% after opening lower.
Luxshare Precision Industry's shares dropped over 5% in their Hong Kong trading debut Thursday, following its $3.09 billion IPO, the largest this year. The Apple supplier, already listed in Shenzhen, priced shares at HK$63.28, with the stock trading at HK$60 early on.
中國電子製造大廠、蘋果供應鏈夥伴立訊精密（Luxshare Precision Industry）7日在香港交易所上市，IPO發行價為每股63.28港元，募資242.7億港元。然而，上市首日股價表現不如預期，早盤一度下挫逾9%，顯示市場對其市值與成長空間持審慎態度。
Luxshare Precision Industry, an Apple supplier, saw its shares drop over 5% in its Hong Kong trading debut on Thursday. The company priced its IPO at HK$63.28 per share, raising HK$24.27 billion ($3.09 billion).
Shenzhen-based Luxshare, a key Apple supplier, has secured regulatory approval for a Hong Kong listing after receiving the green light from the China Securities Regulatory Commission. The company reported a 24% revenue surge to 332 billion yuan and a 24% net profit increase to 16.6 billion yuan in 2025.
