Apple supplier Luxshare fell 5% on its Hong Kong debut after raising $3.1 billion in an IPO, despite strong AI market optimism.

The AirPods and iPhone assembler is expected to price its Hong Kong listing at the maximum HK$63.28 a share, raising as much as $3.1bn.

Luxshare Precision priced its Hong Kong IPO at HK$63.28 per share, raising $3.1B in the city's largest listing of 2026 with Temasek and GIC backing.