Nvidia supplier Victory Giant Technology files for US$1 billion IPO in Hong Kong

Chinese printed circuit board manufacturer Victory Giant Technology (HuiZhou) has applied for an initial public offering in Hong Kong.

Bloomberg News earlier reported that the Shenzhen-listed company could raise around US$1 billion (HK$7.8 billion) from the share sale. 

The Nvidia supplier specializes in the research and development, productionand sales of high-precision multilayer PCB and other products that are widely used in artificial intelligence, data centers, and automotive electronics, its website showed.

It ranked first globally by sales in the PCB market in the field of AI and high-performance computing in the first quarter of 2025, the company said in the prospectus, citing data from Frost & Sullivan. 

STAFF REPORTER