The brand for Victory Big Expertise is seen on the Hong Kong Exchanges and Clearing Restricted (HKEX) In Hong Kong on April 21, 2026.
Peter Parks | Afp | Getty Pictures
Shares in Victory Big Expertise surged as a lot as 60% on Tuesday, after the Chinese language firm’s blockbuster preliminary public providing — the largest in Hong Kong this 12 months.
The Chinese language firm, which provides printed circuit boards to Nvidia, priced its shares at 209.88 Hong Kong {dollars} within the IPO. Shares have been final buying and selling 46% greater at HK$306.8.
Victory Big had raised about HK$20.1 billion ($2.57 billion) within the metropolis’s greatest itemizing in about seven months. This makes Victory Big Hong Kong’s greatest IPO since Zijin Gold Worldwide’s $3.2 billion IPO in September.
Investor curiosity in massive listings in Hong Kong has been rising, particularly in tech-related sectors which have been resilient even amidst market volatility amid the present Center East battle.
Final Thursday, shares of Hangzhou-based developer Manycore Tech tripled of their Hong Kong debut.
