Nvidia supplier Victory Giant surged 50 per cent on its first day of trading following the biggest Hong Kong initial public offering this year, as investor appetite for artificial intelligence stocks weathers uncertainty in the Middle East.
The printed-circuit board maker closed at HK$315.00 compared with the HK$209.88 price of shares in its HK$20 billion (US$2.6 billion) IPO. The Guangdong-based company has also jumped fourfold in a year in Shenzhen trading.
Victory Giant is the latest in a…
India’s 30-year-old Oman pipeline dream gets fresh life amid West Asia turmoil – Firstpost
The escalating crisis in West Asia has breathed new life into one of India’s most ambitious but long-dormant energy infrastructure proposals — a nearly 2,000-kilometre deep-sea pipeline that would transport…