Financial Wire

Market Chatter: Victory Giant Technology Set to Price Hong Kong IPO at Top End

-- Victory Giant Technology (HKG:2476, SHE:300476) is expected to price its Hong Kong initial public offering at HK$209.88 per share, the top of its indicated range, Bloomberg News reported Wednesday, citing people familiar with the matter.

The Chinese printed circuit board maker is also considering an option to increase the deal size to as much as $2.6 billion, the report said.

The company launched the Hong Kong offering on Monday, seeking to raise up to HK$17.5 billion in one of the city's largest listings this year, despite market volatility driven by tensions in the Middle East.

(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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