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Apple supplier Luxshare raised ~$3.1B in its Hong Kong IPO, selling

Apple supplier Luxshare raised ~$3.1B in its Hong Kong IPO, selling 383.5M shares at ~$8 each, the top of its marketed range, and will start trading on Thursday

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.

Source: Bloomberg · Opens in new tab