Apple Supplier Luxshare Launches $3.1 Billion Hong Kong IPO

businessstocks 3 posts · 3 accounts

Apple supplier Luxshare has begun investor marketing for a share listing on the Hong Kong exchange, targeting as much as $3.1 billion in proceeds. According to market data, the offering marks the largest maiden share sale in the city’s stock market so far this year.

The company started taking bookings from investors this week, positioning the hardware assembler to tap regional capital for its manufacturing operations. Luxshare produces structural components and enclosures for devices sold by Apple Inc., with the Hong Kong debut aimed at raising funds to support its supply chain expansion.

From the sources (3 posts)

@cnbc

Apple supplier Luxshare seeks up to $3.1 billion in Hong Kong share sale

@firstsquawk

Apple supplier Luxshare seeks up to $3.1 billion in Hong Kong share sale - CNBC

@business

Apple supplier Luxshare has started taking investor orders for its Hong Kong listing that may fetch as much as $3.1 billion, the city’s biggest maiden share sale so far this year

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