Market Chatter: Victory Giant Plans Up to $2 Billion Hong Kong Listing, Sources Say

MT Newswires Live03-10

Victory Giant Technology (Huizhou) (SHE:300476) is preparing for a Hong Kong listing that may raise more than $2 billion, Bloomberg News reported, citing people familiar with the matter.

The Chinese printed circuit board manufacturer could pursue the secondary listing as soon as April, the people told Bloomberg.

China's securities regulator approved the offering last week, the report said, adding that Victory Giant's board had approved the Hong Kong listing plan in July.

The timing and size of the offering could still change, Bloomberg added.

A Victory Giant representative declined to comment on the matter, Bloomberg said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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