Hong Kong · Apple · CNBC Technology
AirPods-maker Luxshare sees shares close lower in tepid Hong Kong debut
Compiled by KHAO Editorial — aggregated from 1 source + 3 references discovered via search. See llms.txt for citation guidance.
✓ KHAO Verified
Shares of Luxshare Precision Industry ended lower in their Hong Kong trading debut Thursday, after the Apple supplier's multi-billion-dollar initial public offering, the largest this year in Hong Kong.
Key facts
- The company, which is already listed in Shenzhen, had priced shares in the IPO at 63.28 Hong Kong dollars apiece, raising HK$24.27 billion ($3.09 billion)
- A long-standing fixture on the Shenzhen Stock Exchange since 2010, the company closed at 62.47 yuan on Wednesday, down 1.28%
- Luxshare closed lower at HK$62.3 on Thursday, down 1.55% after paring some losses
- Luxshare's revenue hit 332.34 billion yuan in 2025, up from 268.79 billion yuan in 2024, as per its prospectus, with consumer electronics accounting for 79.5%, automotive electronics 11.8%
Summary
The company, which is already listed in Shenzhen, had priced shares in the IPO at 63.28 Hong Kong dollars apiece, raising HK$24.27 billion ($3.09 billion). Luxshare closed lower at HK$62.3 on Thursday, down 1.55% after paring some losses. From being an assembler of Apple's AirPods, Luxshare has evolved into a supplier of parts for a broader set of consumer and automotive electronics and communications products. Apple accounts for approximately 70% of Luxshare's revenue, according to PitchBook.