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Victory Giant surged in HK debut

Victory Giant surged in HK debut

The printed-circuit board maker's successful debut underscores strong investor appetite for artificial intelligence hardware despite broader market uncertainty.

Victory Giant, which provides critical components for AI servers, attracted major institutional backers including BlackRock and China Investment Corp.

The company plans to use the proceeds to expand its manufacturing capacity and invest in next-generation R&D. Analysts view the IPO as a positive signal for Hong Kong's capital markets, which have struggled to attract large-scale listings in recent years.

Victory Giant Technology
Chinese PCB company
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