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Updated · Bloomberg · Apr 20Victory Giant Shares Jump 50% in Hong Kong’s Largest Listing of 2026
3 articles · Updated · Bloomberg · Apr 20
- Victory Giant Technology surged 50% in its Hong Kong debut after raising $2.6 billion in the year’s largest listing.
- The shares closed at HK$315.00, well above the HK$209.88 listing price, with thirty-seven cornerstone investors buying nearly $1 billion in stock.
- Victory Giant, a supplier to Nvidia, attracted strong demand, reflecting investor appetite for tech-related listings in Hong Kong.
Does this mega IPO prove Hong Kong's resilience as a global finance hub? Is Victory Giant's soaring debut a sign of an AI hardware bubble? Can this Nvidia supplier navigate the escalating U.S.-China tech war? Is Nvidia's investment turning its key suppliers into strategic captives? Will advanced PCBs become the next critical bottleneck in the AI arms race?