Luxshare Precision Industry, one of Apple’s most critical manufacturing partners, just pulled off the largest IPO in Hong Kong this year. The Chinese electronics giant raised $3.1 billion (HK$24.3 billion) through a secondary H-share listing on the Hong Kong Stock Exchange, pricing 383.5 million shares at the maximum level of HK$63.28 each.
Trading is set to begin on July 9, 2026. The deal wasn’t just big. It was a statement about where institutional money wants to be right now.
The deal and who showed up
When Temasek, GIC, and Abu Dhabi Investment Authority all write checks for the same offering, that’s not polite interest. Those three cornerstone investors alone committed approximately $1.5 billion, roughly half the entire raise.
Around 90% of the shares were allocated to international investors. Goldman Sachs and Citic Securities underwrote the deal. China’s securities regulator gave its approval on June 22, 2026, clearing the path for what became the year’s marquee listing in Hong Kong.
