{"id":517457,"date":"2026-06-30T01:27:10","date_gmt":"2026-06-30T01:27:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/517457\/"},"modified":"2026-06-30T01:27:10","modified_gmt":"2026-06-30T01:27:10","slug":"apple-supplier-luxshare-seeks-3-1-billion-in-hong-kong-share-sale","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/517457\/","title":{"rendered":"Apple supplier Luxshare seeks $3.1 billion in Hong Kong share sale\u00a0"},"content":{"rendered":"

In this photo illustration, the Luxshare Precision company logo is seen displayed on a smartphone screen. <\/p>\n

Sopa Images | Lightrocket | Getty Images<\/p>\n

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 Tuesday.\u00a0<\/p>\n

The Shenzhen-listed<\/a> electronics manufacturer intends to offer 383.5 million H shares at a maximum price of HK$63.28 each, its prospectus showed.<\/p>\n

About 90% of the shares will be allocated to international investors, with the remainder offered to Hong Kong retail buyers. Trading is expected to begin on July 9.<\/p>\n

The company is expected to determine the final offer price by July 7, with pricing and allocation results due the following day.\u00a0<\/p>\n

Luxshare, one of Apple’s key manufacturing partners, is the largest provider of precision intelligent manufacturing solutions in mainland China and the world’s fifth largest by 2025 revenue, according to Frost & Sullivan.\u00a0<\/p>\n

The company manufactures components and systems spanning consumer electronics, automotive electronics, communications and data centers.<\/p>\n

The listing comes as Luxshare seeks to diversify beyond consumer electronics, which accounted for nearly 80% of 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 earlier. <\/p>\n

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"In this photo illustration, the Luxshare Precision company logo is seen displayed on a smartphone screen. Sopa Images…\n","protected":false},"author":2,"featured_media":517458,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[940,941,114,357,85,23831,46,78492,190],"class_list":["post-517457","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-apple-inc","tag-breaking-news-markets","tag-business","tag-business-news","tag-il","tag-ipo","tag-israel","tag-luxshare-precision-industry-co-ltd","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/517457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=517457"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/517457\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/517458"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=517457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=517457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=517457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}