HONG KONG, April 1 (Reuters) - China's Luxshare

Precision Industry, maker of Apple AirPods, is

considering a Hong Kong listing this year, three people familiar

with the matter said, adding to a recent run of mainland

China-listed companies eyeing a Hong Kong float.

Shenzhen-listed Luxshare has been discussing the deal with

investment bankers and is due to hand out mandates shortly to

begin the listing process, the sources said.

It would aim to raise $2 to $3 billion in the deal, one of

the sources said.

The listing size has not been finalised, however, and would

depend on market conditions, said the sources, who asked not to

be named due to the confidential nature of the information.

Luxshare did not respond to a request for comment.

There have been $2.4 billion worth of initial public

offerings (IPOs) and secondary listings in Hong Kong so far in

2025, up from $612 million at the same time last year, according

to LSEG figures.

Led by battery giant CATL, which is aiming to raise at least

$5 billion, more mainland listed companies are expected to list

in Hong Kong this year.

Established in 2004, Luxshare is an Apple ( AAPL ) supplier.

The company also designs and manufactures other electronic

devices, including routers, wireless charging modules and video

conferencing equipment.

It has a market capitalisation of 295 billion yuan ($40.61

billion), and its Shenzhen stock has traded mostly flat so far

this year, according to LSEG data.

($1 = 7.2650 Chinese yuan renminbi)