Apple supplier Luxshare Precision Industry is expected to kick off its initial public offering in Hong Kong as early as next month, aiming to raise up to US$3 billion (HK$23.5 billion), IFR reported.
The company reported last week that it is applying to list overseas-listed foreign shares (H shares) on the mainboard. It has also received a green light from the China Securities Regulatory Commission.
The filing showed that the company plans to issue no more than 441 million overseas-listed ordinary shares, and plans to list on the Hong Kong Stock Exchange.
