Luxshare Precision Industry, the Chinese electronics giant that quietly builds a massive chunk of Apple’s product lineup, has started taking investor orders for what could be Hong Kong’s biggest IPO this year. The company is targeting up to $3.1 billion in proceeds from a secondary listing on the Hong Kong Stock Exchange.

For a company already worth more than $77 billion on China’s Shenzhen exchange, this isn’t a debut so much as a coming-out party for international investors.

The deal structure and who’s behind it

Luxshare plans to issue up to 441 million H shares in the offering, with Citic Securities, Goldman Sachs, and CICC serving as sponsors.

The China Securities Regulatory Commission gave its approval on June 22, 2026, following a successful listing hearing at HKEX around the same timeframe. The company is eyeing a debut potentially in July, though the exact date will depend on how the bookbuilding process unfolds.