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Victory Giant Technology Soars 57% in $2.6B Hong Kong Debut

4/21/2026

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Summary

Story summary

Victory Giant Technology Huizhou Co surged 57% in its Hong Kong debut, raising $2.6 billion.
Shares opened at HK$330, above the offer price of HK$209.88.
The retail tranche oversubscribed 431 times.
Victory Giant, a key supplier to Nvidia, held 13.8% of the printed circuit boards (PCBs) market for AI and high-performance computing in early 2025.
The company aims to expand production capacity to meet rising demand for AI infrastructure.

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Story summary

Victory Giant Technology Huizhou Co surged 57% in its Hong Kong debut, raising $2.6 billion.
Shares opened at HK$330, above the offer price of HK$209.88.
The retail tranche oversubscribed 431 times.
Victory Giant, a key supplier to Nvidia, held 13.8% of the printed circuit boards (PCBs) market for AI and high-performance computing in early 2025.
The company aims to expand production capacity to meet rising demand for AI infrastructure.