Victory Giant has made a strong debut in Hong Kong, raising over HK$20 billion and seeing its shares surge on the first day of trading. The company manufactures printed circuit boards used in AI servers and data centers, placing it at the center of the growing AI infrastructure boom. Dan Koh and Ryan Huang analyze Victory Giant’s business, what’s driving investor demand, and the risks behind the rally.See omnystudio.com/listener for privacy information.

Victory Giant has made a strong debut in Hong Kong, raising over HK$20 billion and seeing its shares surge on the first day of trading. The company manufactures printed circuit boards used in AI servers and data centers, placing it at the center of the growing AI infrastructure boom. Dan Koh and Ryan Huang analyze Victory Giant&rsquo;s business, what&rsquo;s driving investor demand, and the risks behind the rally.See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Companies To Watch: Victory Giant becomes one of Hong Kong’s hottest AI listings