Hong Kong · Nvidia · China · CNBC Technology
Victory Giant had raised about HK$20.1 billion ($2.57 billion) in the city's biggest listing in about seven months
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Investor interest in large listings in Hong Kong has been growing, especially in tech-related sectors, which have remained resilient despite market volatility tied to the current Middle East conflict.
Key facts
- In the first quarter of 2026, Hong Kong's IPO market raised HK$109.9 billion across 40 new listings, according to a KPMG report
- Victory Giant had raised about HK$20.1 billion ($2.57 billion) in the city's biggest listing in about seven months
- The Chinese company, which supplies printed circuit boards to Nvidia, priced its shares at 209.88 Hong Kong dollars in the IPO
- Shares in Victory Giant Technology surged as much as 60% on Tuesday, after the Chinese company's blockbuster initial public offering, the biggest in Hong Kong this year
Summary
Shares in Victory Giant Technology surged as much as 60% on Tuesday, after the Chinese company's blockbuster initial public offering, the biggest in Hong Kong this year. The Chinese company, which supplies printed circuit boards to Nvidia, priced its shares at 209.88 Hong Kong dollars in the IPO. Victory Giant had raised about HK$20.1 billion ($2.57 billion) in the city's biggest listing in about seven months. In the first quarter of 2026, Hong Kong's IPO market raised HK$109.9 billion across 40 new listings, according to a KPMG report.