Luxshare Precision Industry, the company that physically builds a significant chunk of Apple’s product lineup, is testing investor appetite for a Hong Kong listing that could raise up to $3 billion. The dual-listing push comes after China’s securities regulator gave the green light on June 22, with a potential debut as early as July 2026.

For a company already listed on the Shenzhen Stock Exchange, the move to add a Hong Kong H-share listing is less about needing the money and more about wanting the right kind of money, specifically international capital with fewer strings attached.

The deal structure and who’s behind it

Luxshare plans to issue up to approximately 441 million H shares in the offering. The fundraising target sits in the $2 to $3 billion range, which would make it one of Hong Kong’s largest listings of the year.

The company has assembled a heavyweight roster of financial sponsors. Citic Securities, Goldman Sachs, and China International Capital Corporation (CICC) are all attached to the deal.