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Market Impact: 0.35

Apple supplier Luxshare leads lukewarm IPOs in Hong Kong as investors get picky

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Apple supplier Luxshare leads lukewarm IPOs in Hong Kong as investors get picky

Luxshare Precision Industry led IPO debutant losses in Hong Kong despite raising HK$24.27B ($3.10B) in the city’s biggest listing this year. Shares weakened as investors grew more selective amid an IPO fundraising rush and rising market volatility.

Analysis

Luxshare Precision Industry led IPO debutant losses in Hong Kong despite raising HK$24.27B ($3.10B) in the city’s biggest listing this year. Shares weakened as investors grew more selective amid an IPO fundraising rush and rising market volatility.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35

Ticker Sentiment

CVGRF0.00