--- title: "Luxshare Precision falls more than 5% on debut listing" type: "News" locale: "en" url: "https://longbridge.com/en/news/292149635.md" description: "Luxshare Precision (2475.HK) fell more than 5% in Hong Kong trading to HK$60.00, its first day of listing, amid broader market weakness." datetime: "2026-07-09T05:10:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292149635.md) - [en](https://longbridge.com/en/news/292149635.md) - [zh-HK](https://longbridge.com/zh-HK/news/292149635.md) --- # Luxshare Precision falls more than 5% on debut listing Luxshare Precision (2475.HK) fell more than **5%** in Hong Kong trading to **HK$60.00**, marking its first day of listing on the Stock Exchange of Hong Kong. The company officially debuted on July 9, 2026, with an initial offering price of **HK$63.28**. The stock faced pressure following a midday decline of **188 points** in the broader Hang Seng Index, driven by escalating Middle East tensions. The IPO raised approximately **HK$24 billion** net proceeds, with cornerstone investors including Temasek and other prominent institutions. Funds will be allocated for capacity expansion, technology research and development, and upstream-downstream layout. ### Related Stocks - [02475.HK](https://longbridge.com/en/quote/02475.HK.md) ## Related News & Research - [Billionaire Michael Saylor once said 'never sell your Bitcoin' — now his company has given itself permission to sell up to $1.25 billion](https://longbridge.com/en/news/293822371.md) - [$7 Trillion Wall Street Giant is Watching This Key Bitcoin Metric](https://longbridge.com/en/news/293822443.md) - [5 things that smart money thinks could end the crypto bear market](https://longbridge.com/en/news/293750850.md) - [US threatens to cut funding for two school districts over transgender policies](https://longbridge.com/en/news/293998430.md) - [12:30 ETAlto Adige Wines, Vintage 2025: An Exciting Vintage Defined by Precision, Freshness and Varietal Expression](https://longbridge.com/en/news/293646359.md)