- Luxshare Precision Industry Co., a major Chinese component manufacturer for Apple, raised HK$24.3 billion ($3.1 billion) by pricing its Hong Kong shares at the maximum of its set range.
- The company sold 383.5 million shares at HK$63.28 each, representing a 13% discount to its most recent closing price on the Shenzhen exchange.
Quotes
“Apple Inc. supplier Luxshare Precision Industry Co. raised HK$24.3 billion ($3.1 billion) after pricing shares for its Hong Kong listing at the maximum amount it had set.”