Luxshare seeks up to HK$24.27 billion in Hong Kong share sale

Luxshare Precision Industry is aiming to raise as much as HK$24.27 billion ($3.1 billion) in a Hong Kong share sale, adding a major listing to the market as the Apple supplier pushes to broaden its business mix. The Shenzhen-listed electronics manufacturer plans to sell 383.5 million H shares at a maximum price of HK$63.28 each, with about 90% of the stock set aside for international investors and the rest for Hong Kong retail buyers. The final offer price is expected to be set by July 7, with pricing and allocation results due the next day, and trading is expected to begin on July 9. Luxshare said in its prospectus that it is seeking to expand beyond consumer electronics, which generated nearly 80% of revenue last year. Automotive electronics has become a faster-growing segment, contributing 11.8% of sales in 2025, up from 3.9% two years earlier. According to Frost & Sullivan, Luxshare is the largest provider of precision intelligent manufacturing solutions in mainland China and the world's fifth largest by 2025 revenue.