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AirPods Maker Luxshare Seeks Up to $3.1 Billion From Hong Kong Listing
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AirPods Maker Luxshare Seeks Up to $3.1 Billion From Hong Kong Listing Apple Inc. supplier Luxshare Precision Industry Co. has started taking investor orders for its Hong Kong listing that may fetch as much as HK$24.3 billion ($3.1 billion), the city’s biggest share debut so far this year. The Shenzhen-based components manufacturer that’s a key assembler of AirPods for the US consumer electronics giant is offering 383.5 million shares at a maximum price of HK$63.28 each, according to a...
AirPods Maker Luxshare Seeks Up to $3.1 Billion From Hong Kong Listing
Apple Inc. supplier Luxshare Precision Industry Co. has started taking investor orders for its Hong Kong listing that may fetch as much as HK$24.3 billion ($3.1 billion), the city’s biggest share debut so far this year.
The Shenzhen-based components manufacturer that’s a key assembler of AirPods for the US consumer electronics giant is offering 383.5 million shares at a maximum price of HK$63.28 each, according to a listing document dated Tuesday. That reflects a discount of 16% to Luxshare’s 65.30 yuan closing price on Monday in Shenzhen.