The Victory Giant Technology logo is seen at the Hong Kong Exchange and Clearing Limited (HKEX) in Hong Kong on April 21, 2026.
Peter Parkes | AFP | Getty Images
share in Victory Giant Technology Shares soared as much as 60% on Tuesday following the Chinese company’s blockbuster initial public offering, Hong Kong’s biggest this year.
The Chinese company, which supplies printed circuit boards to Nvidia, valued its shares at HK$209.88 in its IPO. The stock last traded at HK$306.8, up 46%.
Victory Giant raised about HK$20.1 billion ($2.57 billion) in about seven months in the city’s largest listing. This would be Victory Giant Hong Kong’s biggest IPO since Zijin Jin International’s $3.2 billion IPO in September.
Investor interest in large Hong Kong listings is growing, particularly in tech-related sectors, which have shown resilience amid market volatility caused by the current Middle East conflict.
Last Thursday, Hangzhou-based developer Manycore Tech’s stock tripled in its Hong Kong debut.
