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VICTORY GIANT'S $2.2 BILLION HONG KONG LISTING SEEN PRICING AT TOP ON DEMAND

  • NEWS Desk Global
  • Apr 15
  • 1 min read

China's Victory Giant is expected to price its Hong Kong share offering at the top of a ​range at HK$209.88 per share, raising HK$17.5 billion ($2.2 billion), after ‌receiving strong demand from investors, according to two sources with knowledge of the matter.

The company, which makes printed circuit boards for artificial intelligence servers and ​other electronics, is also expected to exercise an upsize ​option of up to 15% of the offering, raising the ⁠total proceeds to about HK$20.2 billion, one of the sources ​said.

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