Apple Supplier Luxshare Targets Up to $3.1 Billion in Hong Kong Listing to Fuel Business Expansion

Luxshare Precision Industry announced plans to raise up to HK$24.27 billion (approximately $3.1 billion) through a Hong Kong share sale, according to a filing with the Hong Kong Stock Exchange. The Shenzhen-listed electronics manufacturer plans to offer 383.5 million H shares at a maximum price of HK$63.28 each.

Under the proposed offering, around 90% of the shares will be allocated to international investors, while the remaining portion will be available to retail investors in Hong Kong. The company expects to finalize the offer price on July 7, announce pricing and allocation results on July 8, and begin trading on the Hong Kong Stock Exchange on July 9.

Luxshare has become one of Apple's most important manufacturing partners and is recognized as China's largest provider of precision intelligent manufacturing solutions. According to Frost & Sullivan, the company ranked as the world's fifth-largest provider in the sector by revenue in 2025.

The company's product portfolio spans multiple industries, including consumer electronics, automotive electronics, communications equipment and data center infrastructure. While consumer electronics remained its largest business last year, contributing nearly 80% of total revenue, Luxshare has been accelerating efforts to diversify its operations.

Automotive electronics has emerged as one of the company's fastest-growing businesses. The segment accounted for 11.8% of total revenue in 2025, compared with just 3.9% two years earlier, highlighting Luxshare's expanding presence in the automotive supply chain as demand for smart and connected vehicles continues to grow.

The planned Hong Kong listing is expected to provide additional capital to support Luxshare's long-term expansion strategy, strengthen its manufacturing capabilities and broaden its exposure to growth areas beyond its traditional consumer electronics business.