HK Stock Market Move | Victory Giant Technology (02476) rises by over 5%. The company benefits from the development trend of AI PCB, and the expansion of the new factory is proceeding smoothly.

Victory Giant Technology (02476) rose more than 5%, rising to 5.24% at the time of publication, reaching 261 Hong Kong dollars with a trading volume of 1.142 billion Hong Kong dollars. On the news front, Victory Giant Technology recently released an investor relations activity record. The company disclosed that it is fully promoting expansion, with progress leading the industry. Upgrade and renovation of Phase 1 of Factory A1 in Thailand was completed in March 2025 with good utilization of production capacity; Phase 2 high-end production capacity has passed customer factory inspection and started production of AI product verification boards, with some part numbers passing verification; Main construction of Factory A2 is expected to be completed in the second quarter. Yongxing Securities pointed out that in key areas such as AI computing power, data centers, and high-performance computing, the company has achieved large-scale production of multiple high-end products, driving the product structure towards high-value quantity and high technological complexity, significantly increasing the proportion of high-end products, and promoting high-speed growth in company performance. They are bullish on the company's continuous benefit from the AI development trend in the future.