Apple supplier Luxshare seeks $3.1 billion in Hong Kong share sale
This photo illustration shows the Luxshare Precision company logo displayed on a smartphone screen.
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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 on Tuesday.
Listed in Shenzhen The electronics maker plans to offer 383.5 million H shares at a maximum price of HK$63.28 each, its prospectus showed.
Approximately 90 percent of the shares will be allocated to international investors, while the remainder will be offered to Hong Kong retail buyers. Trading is expected to begin on July 9.
The company is expected to determine the final bid price by July 7, and pricing and allocation results will be announced the next day.
Luxshare, one of Apple’s key manufacturing partners, is the largest provider of precision smart manufacturing solutions in mainland China and the world’s fifth-largest revenue generator by 2025, according to Frost & Sullivan.
The company manufactures components and systems covering consumer electronics, automotive electronics, communications and data centers.
The listing comes as Luxshare looks to diversify beyond consumer electronics, which accounted for nearly 80% of its 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 ago.
