Apple supplier Luxshare Precision Industry has begun taking investor orders for a planned Hong Kong share listing that could raise as much as HK$24.3 billion (about $3.1 billion), according to Bloomberg and CNBC. The filings indicate the offering size could make it the largest share debut in Hong Kong so far this year. Both outlets report the same target amount in Hong Kong dollars, with the corresponding U.S. dollar conversion reflecting current exchange rates. The reports describe Luxshare as an Apple supplier, placing the company in the consumer electronics supply chain associated with Apple’s products. Beyond the fundraising figure and the listing venue, the two sources provided limited additional deal specifics in their summaries. Overall, the coverage focuses on the size of the proposed Hong Kong capital raise and the timing of investor order collection, framing it as a major upcoming initial public offering for the city’s market.
Luxshare seeks up to $3.1 billion in Hong Kong listing
Apple supplier Luxshare Precision Industry has begun taking investor orders for a planned Hong Kong share listing that could raise as much as HK$24.3 billion (about $3.1 billion), according to Bloombe...
- Luxshare Precision Industry begins taking investor orders for a planned Hong Kong listing.
- The offering could raise up to HK$24.3 billion (about $3.1 billion).
- The potential debut would be Hong Kong’s biggest share offering so far this year.
- Luxshare is described as an Apple supplier by both outlets.
Apple Inc. supplier Luxshare Precision Industry Co. has started taking investor orders for its Hong Kong listing that may fetch as much as HK$24.3 billion ($3.1 billion), the city’s biggest share debut so far this year.
3 hours agoApple supplier Luxshare Precision Industry is seeking to raise as much as $24.27 billion Hong Kong dollars ($3.1 billion) through a Hong Kong share sale.
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