Business Technology Asia

Victory Giant surges in Hong Kong IPO

Victory Giant's blockbuster listing underscores the intense investor appetite for hardware powering the global artificial intelligence boom.

The company, which specializes in PCBs for AI servers and high-performance computing, saw its shares skyrocket despite broader market uncertainty linked to the Middle East conflict.

Major global investors, including BlackRock and the world's largest sovereign fund, participated in the oversubscribed share sale.

The successful debut is seen as a sign of resilience for the Hong Kong market and the enduring strength of the AI infrastructure trade.

Victory Giant skyrockets after biggest Hong Kong IPO this year South China Morning Post — Apr 21, 09:12 AM
CIC, NBIM, BlackRock Said to Invest in Victory Giant Listing Bloomberg — Apr 21, 09:42 AM
Nvidia Supplier Victory Giant Surges 60% in Hong Kong Stock Debut The Information — Apr 21, 06:59 AM
Chinese circuit-board supplier Victory Giant jumps 57% in Hong Kong share debut South China Morning Post — Apr 21, 01:43 AM
Victory Giant Founder on $2.6 Billion HK Listing, AI Boom Bloomberg — Apr 21, 03:13 AM
Victory Giant Shares Surge in Hong Kong’s Largest Listing This Year Wall Street Journal — Apr 21, 02:27 AM
Nvidia Supplier Victory Giant Set for Debut After Biggest Hong Kong Listing This Year Bloomberg — Apr 20, 23:00 PM
Nvidia supplier Victory Giant sees shares soar 60% in Hong Kong debut CNBC — Apr 21, 03:28 AM

Victory Giant Technology Huizhou Co.

Nvidia
American multinational technology company

Hong Kong Stock Exchange
Stock exchange based in Hong Kong, operating under Hong Kong’s distinct regulatory framework, which allows greater access to foreign investors

BlackRock
American multinational investment management corporation