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Luxshare Shares End Down 1.55% After Tepid Hong Kong Debut

Luxshare Precision Industry shares closed 1.55% lower at HK$62.3 in their Hong Kong trading debut after raising $3.09 billion in the year's largest IPO there. The Apple supplier, already listed in Shenzhen, derives about 70% of revenue from the iPhone maker and continues expanding through acquisitions.