China’s Luxshare Precision Industry, a major supplier for Apple, is reportedly exploring a potential listing in Hong Kong this year. The Shenzhen-listed company, known for producing Apple AirPods, is in talks with investment bankers to begin the process. Sources suggest that the company is considering a fundraising target of $2 to $3 billion, although the final listing size will depend on market conditions.
The move comes amid a surge of mainland Chinese companies eyeing Hong Kong listings, as the city sees an increase in initial public offerings (IPOs) and secondary listings. In 2025 alone, Hong Kong has already witnessed $2.4 billion in IPO activity, a notable rise from $612 million during the same period last year. Luxshare’s potential listing is part of this trend, with other companies like CATL, which is seeking to raise at least $5 billion, also planning to go public in Hong Kong.
Luxshare was founded in 2004 and has since grown to a market capitalization of 295 billion yuan ($40.61 billion). In addition to manufacturing Apple components, the company produces various electronic devices, such as routers, wireless charging modules, and video conferencing equipment. Despite a relatively flat performance for its Shenzhen-listed stock this year, the company’s strong presence in the tech sector makes it an attractive candidate for investors.
Luxshare has not yet confirmed the news or provided official comments on the listing plans. However, the discussions with bankers are expected to move forward soon, and the company aims to tap into Hong Kong’s capital markets to fund its expansion. The listing, if successful, could further solidify Luxshare’s position in the global tech industry.
Source: Reuters