Luxshare Precision Industry is probing a Hong Kong debut that could bring in $3 billion as the city’s IPO scene revives.

Hong Kong’s first‑time share sales have surged in 2026, with AI and tech firms leading the charge. Bloomberg Intelligence projects total proceeds to exceed $43 billion, a six‑year peak that rewards sponsors who use public markets to exit Asian holdings.

Luxshare’s Shenzhen stock has more than doubled, pushing its market cap past $77 billion. The company reported 2025 revenue of $48.9 billion, up 24% year‑on‑year, underscoring the strength of its business model.

Citic Securities, Goldman Sachs and China International Capital Corporation will steer the listing. Firms rush to build order books before June closes, a tactic that lets them avoid updating financials, positioning Hong Kong for its busiest deal month yet.