Chinese circuit-board supplier Victory Giant jumps 57% in Hong Kong share debut
Victory Giant, a Chinese manufacturer of printed circuit boards (PCBs) for artificial intelligence and high-performance computing, rose by 57.23 per cent in its trading debut in Hong Kong on Tuesday, as investors rushed to tap into surging global demand for the hardware powering the AI infrastructure boom.
Shares in the Guangdong-based company, a supplier to US chip leader Nvidia, opened at HK$330, versus the offer price of HK$209.88 – the maximum offer price.
The firm raised HK$20 billion...
- 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 —
- Victory Giant skyrockets after biggest Hong Kong IPO this year South China Morning Post —