HONG KONG, July 9 : Shares of Luxshare Precision Industry led losses among IPO debutants in Hong Kong on Thursday after raising HK$24.27 billion ($3.10 billion) in the city's biggest listing this year, as investors became more selective amid a fundraising rush and rising volatility. The stock dropped as much

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.

Luxshare Precision raised $3.1B in Hong Kong's largest IPO of 2026, backed by Temasek, GIC, and ADIA. Here's what it means for crypto and Asian capital