Luxshare Precision Industry, a key Apple supplier, saw its shares decline by over 3% during its initial public offering on the Hong Kong Stock Exchange. The AirPods maker's stock slid more than 5% in its debut trading.

Luxshare Precision Industry Updates Application To HKEX  TradingView

Luxshare Precision Industry, a key supplier for Apple, is aiming to raise up to $3.1 billion (24.27 billion Hong Kong dollars) through a share offering in Hong Kong.

Luxshare Precision Industry is projected to see a 24.2% increase in its net profit for the year 2025. This indicates strong financial performance expectations for the company.