Luxshare Precision Gauges Investor Appetite for Potential $3 Billion Hong Kong IPO

Deep News06-24

According to individuals with knowledge of the matter, Luxshare Precision Industry Co., Ltd. has commenced a process to assess investor interest for a potential Hong Kong listing, an initial public offering that could raise approximately $3 billion.

If this transaction proceeds, it could rank among the largest share offerings in Hong Kong this year.

Over the past year, the share price of Luxshare Precision on the Shenzhen exchange has more than doubled, propelling its market capitalization to around $77 billion.

China International Capital Corporation, Goldman Sachs Group, and CITIC Securities are leading the arrangements for the company's Hong Kong share sale.

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