Movement Alert|Luxshare Precision Falls 3.25% in Regular Trading, Continued Post-IPO Pressure Pushes Stock Further Below Issue Price

Market Focus07-13

On July 13, Luxshare Precision fell 3.25% in regular trading, trading at 60.8 HKD/share, with turnover of approximately 40.11 million HKD. The stock has now fallen nearly 4% cumulatively below its issue price of 63.28 HKD.

The decline reflects persistent selling pressure since the company's H-share debut on the Hong Kong Stock Exchange on July 9, which marked the largest IPO on the HKEx this year with net proceeds of approximately 240 billion HKD. Luxshare broke its issue price on the first trading day, with intraday losses exceeding 7%, and the stock has remained below the offering price since. Additionally, the A-share declined 3.60% on July 11, with AH linkage effects further weighing on the Hong Kong-listed shares.

Market concerns persist over the company's high concentration in consumer electronics, which accounts for over 80% of revenue, and its significant reliance on Apple as a single customer contributing approximately 56.7% of total revenue in fiscal year 2025.

(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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