Luxshare Precision Industry Co Ltd Class A
002475: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $HB | LOCK|M^n | LOCK|cbV^B@h |
Luxshare: Hong Kong Initial Public Offering Boosts Capital for Expansion
We initiate coverage of Luxshare Precision's H-shares. Luxshare is now dual-listed on the Shenzhen and Hong Kong bourses. It raised about HKD 24 billion (CNY 20.6 billion) at HKD 63.28 per share, the top of the IPO price range.
