Luxshare Precision launches $3.1 billion Hong Kong IPO
Key takeaways
- International investors are set to receive about 90% of the 383.5 million H shares on offer, priced at up to HK$63.28 apiece, with Hong Kong retail buyers taking the rest.
- If completed at the maximum price, the offering would surpass the HK$20.12 billion listing of Victory Giant Technology in April.
- Revenue rose 24% to 332 billion yuan ($48.9 billion) last year, according to Bloomberg.
Luxshare Precision launches $3.1 billion Hong Kong IPO Luxshare Precision launches $3.1 billion Hong Kong IPO · Quartz · CFOTO / Getty Images Colleen Cabili Tue, June 30, 2026 at 8:35 PM GMT+7 2 min read 002475.SZ 300476.SZ AAPL Luxshare Precision Industry launched a global share offering Tuesday that could raise as much as HK$24.3 billion ($3.1 billion), making it the largest initial public offering in Hong Kong so far in 2026, according to The Wall Street Journal.
International investors are set to receive about 90% of the 383.5 million H shares on offer, priced at up to HK$63.28 apiece, with Hong Kong retail buyers taking the rest. Shares are scheduled to start changing hands on July 9, and the offer price is slated to be set no later than July 7.
If completed at the maximum price, the offering would surpass the HK$20.12 billion listing of Victory Giant Technology in April.