Luxshare Precision falls 5% to HK$61 amid selling pressure
Luxshare Precision (2475.HK) fell 5.40% during regular trading to HK$61.00.
According to Economic Daily, the stock saw a large cross-trade of approximately 530,000 shares worth about HK$32.55 million at 13:21, executed at a price 3% below the previous close.
The stock has seen active trading recently with an active buy-to-sell ratio of 34:66, indicating net active selling pressure.
Luxshare Precision officially listed on the Hong Kong Stock Exchange main board on July 9, 2026, completing its dual "A+H" primary listing structure and raising approximately HK$24.27 billion. Despite a strong base investor lineup including Temasek, the share price broke below its offering price on its first day of trading, falling more than 9%.
While analysts note the company expects continued rapid growth in revenue and net profit from 2023 to 2025, over half of its current revenue still relies on Apple. The market is closely watching its progress in transforming toward AI computing power and reducing dependence on a single client.
