Luxshare Precision Industry Co Ltd Class A

002475: XSHE (CHN)
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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.

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