Victory Giant skyrockets after biggest Hong Kong IPO this year
Nvidia supplier Victory Giant surged 50 per cent on its first day of trading following the biggest Hong Kong initial public offering this year, as investor appetite for artificial intelligence stocks weathers uncertainty in the Middle East.
The printed-circuit board maker closed at HK$315.00 compared with the HK$209.88 price of shares in its HK$20 billion (US$2.6 billion) IPO. The Guangdong-based company has also jumped fourfold in a year in Shenzhen trading.
Victory Giant is the latest in a...
- Nvidia Supplier Victory Giant Surges 60% in Hong Kong Stock Debut The Information —
- Nvidia supplier Victory Giant sees shares soar 60% in Hong Kong debut CNBC —
- Victory Giant Founder on $2.6 Billion HK Listing, AI Boom Bloomberg —
- Victory Giant Shares Surge in Hong Kong’s Largest Listing This Year Wall Street Journal —
- Chinese circuit-board supplier Victory Giant jumps 57% in Hong Kong share debut South China Morning Post —