Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

Three injured in Monaco bomb blast; investigation underway after suspect flees France

June 30, 2026

Taylor Frankie Paul’s ex Dakota Mortensen calls police about Mormon Wife star

June 30, 2026

Paraguay’s shock win over Germany headlines biggest upset in World Cup history | 2026 World Cup News

June 30, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » Apple supplier Luxshare seeks $3.1 billion for Hong Kong stake sale
Finance

Apple supplier Luxshare seeks $3.1 billion for Hong Kong stake sale

adminBy adminJune 30, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


In this illustrated photo, the Luxshare Precision company logo is displayed on a smartphone screen.

Sopa Images | Light Rocket | Getty Images

Apple supplier Luckshare Precision Industries plans to raise up to HK$24.27 billion (about $3.1 billion) through a Hong Kong stock sale, according to a stock exchange filing on Tuesday.

of Shenzhen listed According to the prospectus, the company plans to offer 383.5 million H shares at a maximum price of HK$63.28 per share.

About 90% of the shares will be allocated to overseas investors, while the rest will be offered to private buyers in Hong Kong. Trading is scheduled to begin on July 9th.

The company plans to determine the final offering price by July 7, with pricing and allocation results expected to be announced the following day.

Luxshare, one of Apple’s key manufacturing partners, is the largest provider of precision intelligent manufacturing solutions in mainland China and will be the world’s fifth largest provider of sales by 2025, according to Frost & Sullivan.

The company manufactures components and systems across consumer electronics, automotive electronics, communications, and data centers.

The listing comes as Luxshare seeks to diversify beyond consumer electronics, which accounted for nearly 80% of sales last year. Automotive electronics has emerged as a fast-growing business, contributing 11.8% of sales in 2025, up from 3.9% two years ago.

Never miss the most trusted news moments in business news when you choose CNBC as your preferred source on Google.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleVenezuela earthquake: The smell of death lingers in ruined streets as packed hospitals scramble to save lives
Next Article How Germany was given a humiliating World Cup qualification and what it means for Paraguay | 2026 World Cup News
admin
  • Website

Related Posts

Stock Market Today: Live Updates

June 30, 2026

US high-tech competition intensifies

June 30, 2026

Japan increases visa fees by up to 400% for the first time since 1978. Here’s why:

June 30, 2026

Alphabet debuts on the Dow market with an A-grade performance

June 30, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Taylor Frankie Paul’s ex Dakota Mortensen calls police about Mormon Wife star

By adminJune 30, 20260

September 2024: Taylor Frankie Paul talks about 2023 arrestPaul admitted In an interview with Eh!…

Lizzo talks about the unpopular reception of her new album ‘Bitch’

June 30, 2026

Elliot Page shares ripped abs photo and boxing video

June 30, 2026

Cara Delevingne admits dating Amber Heard after split from Johnny Depp

June 30, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

Three injured in Monaco bomb blast; investigation underway after suspect flees France

June 30, 2026

Live updates: Trump and Iran issue conflicting statements on meeting

June 30, 2026

Venezuela earthquake: The smell of death lingers in ruined streets as packed hospitals scramble to save lives

June 30, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.