--- title: "Apple suppliers race to Hong Kong: $4bn in a week" url: https://daily.dev/posts/apple-suppliers-race-to-hong-kong-4bn-in-a-week-q7xosw6x9 source_url: https://thenextweb.com/news/apple-suppliers-luxshare-lingyi-hong-kong-listings type: article source: "The Next Web" published: 2026-06-24T14:08:09.768Z updated: 2026-06-24T14:08:31.731Z tags: ["apple", "gpu", "robotics"] reading_time: 6 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Apple suppliers race to Hong Kong: $4bn in a week **[The Next Web](https://daily.dev/sources/tnw)** · 6 min read · 0 upvotes · 0 comments ## Summary Two of Apple's largest Chinese suppliers, Luxshare Precision and Lingyi iTech, are racing to list on the Hong Kong stock exchange in the same week, together raising roughly $4bn. Both companies are using the capital to pivot from smartphone component manufacturing toward AI hardware and humanoid robotics. Lingyi raised $1.1bn at the top of its price range and is targeting 500,000 humanoid robots annually by 2030, while Luxshare is gauging interest for a ~$3bn listing. The rush is partly driven by a June filing deadline that lets companies avoid refiling financials. Hong Kong IPO proceeds are on track for a six-year high of $43bn in 2026. Analysts note caution: Hong Kong shares priced at steep discounts to mainland listings, China's humanoid robot sector is crowded with over 150 competitors, and demand at scale remains unproven. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Humanoid robot maker EngineAI files for a Hong Kong IPO](https://daily.dev/posts/humanoid-robot-maker-engineai-files-for-a-hong-kong-ipo-m2j3wu4nc) · The Next Web · 0 upvotes · 0 comments - [China's smartphone supply chain pivots to humanoid robots as Lingyi iTech targets 500,000 units by 2030](https://daily.dev/posts/china-s-smartphone-supply-chain-pivots-to-humanoid-robots-as-lingyi-itech-targets-500-000-units-by-2-2bp60zndh) · The Next Web · 1 upvotes · 0 comments - [LimX Dynamics hits a $2.2bn humanoid valuation](https://daily.dev/posts/limx-dynamics-hits-a-2-2bn-humanoid-valuation-9oyy4adry) · The Next Web · 0 upvotes · 0 comments - [Unitree’s IPO could value China’s robot champion at $7bn or more](https://daily.dev/posts/unitree-s-ipo-could-value-china-s-robot-champion-at-7bn-or-more-akqop8bng) · The Next Web · 1 upvotes · 0 comments --- Tags: [#apple](https://daily.dev/tags/apple), [#gpu](https://daily.dev/tags/gpu), [#robotics](https://daily.dev/tags/robotics) [View this post on daily.dev](https://daily.dev/posts/apple-suppliers-race-to-hong-kong-4bn-in-a-week-q7xosw6x9)