AirPods maker Luxshare gauges interest for US$3 billion Hong Kong listing
Its 2025 revenue hit 332.3 billion yuan, up 24% from the same period the year before
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[HONG KONG] Electronics manufacturer Luxshare Precision Industry has started gauging interest for a Hong Kong listing that may raise about US$3 billion, said sources who asked not to be identified to discuss a private matter.
The manufacturer is moving towards what could be one of the city’s biggest deals this year.
It did not reply to a request for comment.
Luxshare is adding to a busy period of listings in Hong Kong, with June set for the most deals in a month this year. By rushing to start taking investor orders before the end of June, companies can avoid having to update financial statements.
The company’s shares in Shenzhen have more than doubled over the past year, giving Luxshare a market capitalisation of more than US$77 billion. It had 332.3 billion yuan (S$63.5 billion) of revenue in 2025, up 24 per cent from the same period the year before.
Hong Kong’s market for first-time share sales has been on a tear this year, thanks to high-technology debutants such as artificial-intelligence firms. Bloomberg Intelligence expects the city’s listing proceeds to top US$43 billion, which would be a six-year high.
Citic Securities, Goldman Sachs Group and China International Capital are leading Luxshare’s listing. BLOOMBERG
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