On July 14, Luxshare Precision fell 3.09% in regular trading, trading at HK$60.75/share, with turnover of HK$58.57 million. The stock has now declined nearly 5% from its IPO price of HK$63.28 since listing on the Hong Kong Stock Exchange on July 9.
The company's H-shares debuted as the largest Hong Kong IPO of the year, raising approximately HK$24 billion. However, shares broke below the offering price on the first day of trading, with intraday declines exceeding 7%, and have remained below the IPO price since. The A-share counterpart previously closed down 3.60% at RMB 62.14, with the AH linkage effect further suppressing Hong Kong-listed shares. Market concerns over the company's heavy reliance on consumer electronics — which accounts for over 80% of revenue — and high customer concentration toward Apple remain unresolved, collectively pressuring the stock.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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