Sources said Apple supplier Luxshare Precision plans to price its Hong Kong IPO
at the upper limit of HK$63.28 per share, raising about HK$24.3 bln (around
USD3.1 bln). The pricing was said to be roughly a 13% discount to its Monday
close of HK$62.88. The offering comprises 383.5 mln shares and subscriptions
closed early last Friday. If completed, the deal would exceed Shenghong
Technology’s April HK$23.1 bln raise to become Hong Kong’s largest IPO this
year.