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Apple Supplier Lingyi Set for HK Debut After $1.1b Offering

Apple Supplier Lingyi Set for HK Debut After $1.1b Offering
Bloomberg Technology Thursday 25 June 2026, 23:00 UTC By Charlie Zhu, Kelly Li, Dave Sebastian 1 min read
Key Points

Apple Supplier Lingyi Set for HK Debut After $1.1b Offering Lingyi iTech Guangdong Co. a Chinese maker of electronic devices, is set to begin trading in Hong Kong on Friday after raising HK$8.3 billion ($1.06 billion) in a share sale, part of the city’s busiest month for listings this year. The Apple supplier, which was already listed in Shenzhen, sold shares at HK$10.18 a piece, the high end of the offering range, and attracted cornerstone investors including GF Fund Management Co., Qube...

Apple Supplier Lingyi Set for HK Debut After $1.1b Offering Lingyi iTech Guangdong Co. a Chinese maker of electronic devices, is set to begin trading in Hong Kong on Friday after raising HK$8.3 billion ($1.06 billion) in a share sale, part of the city’s busiest month for listings this year. The Apple supplier, which was already listed in Shenzhen, sold shares at HK$10.18 a piece, the high end of the offering range, and attracted cornerstone investors including GF Fund Management Co., Qube Research & Technologies and Value Partners Group Ltd. The stock rose as much as 22% in gray market trading on Thursday. The offer price represented a 51% discount to the Shenzhen-listed stock’s Thursday close.
Apple Supplier Lingyi Set (ORG) HK Debut (ORG) Offering Apple Supplier Lingyi Set (ORG) Guangdong Co. (ORG) Chinese (ORG) Hong Kong (LOCATION) Apple (ORG) Shenzhen (LOCATION) GF Fund Management Co. (ORG) Qube Research & Technologies (ORG) Value Partners Group Ltd. (ORG)
Originally published by Bloomberg Technology Read original →

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