China's Luxshare drops on IPO debut
Jul 11, 2026
China, July 11: Shares in Chinese electronics manufacturer Luxshare dropped by 1.6 percent in its Hong Kong debut on Thursday, after raising around $3.1 billion to become the finance hub's largest listing this year. Luxshare Precision Industry priced its shares at 63.3 Hong Kong dollar ($8.1) each, in hopes of raising funds to upgrade its production bases and smart manufacturing capabilities. The company's shares closed at HK$62.3, after falling at one point more than 7 percent.
Read More ..
