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AirPods maker Luxshare slides over 5% in Hong Kong debut
Shares of Luxshare Precision Industry ended lower in their Hong Kong trading debut Thursday, after the Apple supplier's multi-billion-dollar initial public offering — the largest this year in Hong Kong.
Summary
Shares of Luxshare Precision Industry ended lower in their Hong Kong trading debut Thursday, after the Apple supplier's multi-billion-dollar initial public offering — the largest this year in Hong Kong. The company, which is already listed in Shenzhen, had priced shares in the IPO at 63.28 Hong Kong dollars apiece, raising HK$24.27 billion ($3.09 billion). The stock was trading at HK$60 in early trading.
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