02:33 PM EDT, 07/02/2025 (MT Newswires) -- Apple ( AAPL ) supplier Luxshare Precision Industry is working with multiple investment banks, including China International Capital, Citic Securities, and Goldman Sachs ( GS ) , on a planned Hong Kong listing, Bloomberg reported Wednesday, citing people close to the matter.

The Shenzhen-listed AirPod manufacturer aims to raise over $1 billion in a share sale that could happen this year, the people said.

Deliberations are underway, and more banks could also work on the planned listing, according to the people.

Luxshare plans to issue H shares on the Hong Kong stock exchange as part of plans to improve its overseas financing capabilities, and is engaging with intermediaries, the report said, citing a filing with the Shenzhen Stock Exchange.

Luxshare Precision Industry didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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