Victory Giant Technology Huizhou Co. began taking investor orders for its second listing in Hong Kong, which may raise as much as HK$17.5 billion ($2.2 billion) in what is set to be among the city’s largest first-time share sales this year. The company, which makes printed circuit board products — the intricate electronic backbone of artificial-intelligence servers — is offering 83.3 million share...
Victory Giant Technology Huizhou Co. began taking investor orders for its second listing in Hong Kong, which may raise as much as HK$17.5 billion ($2.2 billion) in what is set to be among the city’s largest first-time share sales this year. The company, which makes printed circuit board products — the intricate electronic backbone of artificial-intelligence servers — is offering 83.3 million shares at up to HK$209.88 each, according to a listing document released on Monday. Victory Giant, whose shares also trade in Shenzhen, plans to list in Hong Kong on April 21. The fervor for AI has driven its stock fourfold over the past year in China, valuing the firm at $37 billion as of Friday. Read more: Couple Rakes in $9 Billion as AI Circuit Board Shares Soar 530% The deal will test investor appetite for maiden share sales at a time when global markets are being rocked by volatility from the Iran war. At the same time, intensifying regulatory scrutiny has unsettled Hong Kong’s financial industry, raising concerns that the boom in listings at Asia’s premier fundraising hub may slow. Founded in 2006, Victory Giant counts Nvidia Corp. among its key partners. The firm is seen as a leader in high-density interconnect and multi-layer PCBs that are crucial for AI chips. Surging demand for AI drove the Huizhou-based company’s shares up more than 580% in 2025, making it the top-performer on the MSCI Asia Pacific Index . Victory Giant posted revenue of 19.3 billion yuan ($2.8 billion) last year, with analysts polled by Bloomberg forecasting a 70% jump in 2026. JPMorgan Chase & Co., China Securities International and GF Securities Co. are the joint sponsors of the offering.
D-Wave Systems (NYSE: QBTS) is starting to look like a real commercial quantum story, but the stock is still caught between huge upside and serious execution risk. This video breaks down what is driving the momentum, what the market still doubts, and why the next move depends on
D-Wave Systems (NYSE: QBTS) is starting to look like a real commercial quantum story, but the stock is still caught between huge upside and serious execution risk. This video breaks down what is driving the momentum, what the market still doubts, and why the next move depends on
In this article @CL.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East. Photos For You | Moment | Getty Images Crude oil prices surged on Sunday, as the U.S. Navy prepares to impose a blockade on Iran's ports after peace talks failed ove...
In this article @CL.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East. Photos For You | Moment | Getty Images Crude oil prices surged on Sunday, as the U.S. Navy prepares to impose a blockade on Iran's ports after peace talks failed over the weekend. U.S. crude oil futures for May delivery jumped nearly 8% to $104.20 per barrel by 6:13 p.m. ET. International benchmark Brent for June delivery advanced 7% to $101.86. U.S. Central Command said Sunday the military will blockade all maritime traffic entering and exiting Iranian ports on Monday at 10 a.m. ET. It added that the U.S. will not impede vessels transiting to and from non-Iranian ports. "The blockade will be enforced impartially against vessels of all nations entering or departing Iranian ports and coastal areas, including all Iranian ports on the Arabian Gulf and Gulf of Oman," CENTCOM said in a statement . President Donald Trump had threatened earlier Sunday to blockade the Strait of Hormuz after the U.S. and Iran failed to reach an agreement to end the war during negotiations in Pakistan . "Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz," Trump said in a social media post . Trump is considering limited strikes on Iran to break the stalemate in peace talks, officials and people familiar with the matter told The Wall Street Journal . The president said Sunday he ordered the Navy to find and interdict any ship in international waters that has paid Iran a toll to transit the strait. The narrow sea route is a vital artery that connects Middle East oil producers to global energy markets. Tanker traffic through the strait has plunged due to the threat of Iranian attacks, triggering the largest oil supply disruption in history. Ab...
Igor Vershinsky GFL Environmental Inc. ( GFL ) is said to be close to acquiring Secure Waste Infrastructure Corp. ( SECYF ) ( SES:CA ) in a deal valued at more than C$6 billion ($4.33 billion), including debt, Bloomberg News reported, citing a person familiar with the talks. The proposed transaction would be structured with about 20% cash and 80% stock, valuing Secure at roughly 11 times earnings ...
Igor Vershinsky GFL Environmental Inc. ( GFL ) is said to be close to acquiring Secure Waste Infrastructure Corp. ( SECYF ) ( SES:CA ) in a deal valued at more than C$6 billion ($4.33 billion), including debt, Bloomberg News reported, citing a person familiar with the talks. The proposed transaction would be structured with about 20% cash and 80% stock, valuing Secure at roughly 11 times earnings before interest, taxes, depreciation and amortization. The implied offer price of around C$24.50 a share represents a premium of about 15% to recent trading levels, though negotiations are ongoing and could still shift. If completed, the acquisition would significantly deepen GFL’s ( GFL ) presence in western Canada and expand its industrial and energy-related waste services. Secure shareholders would hold about 15% of the combined company. GFL, led by CEO Patrick Dovigi, has aggressively grown through acquisitions, tripling its market value over the past six years. Secure, based in Calgary, generates most of its earnings from waste management, with the remainder tied to energy infrastructure such as pipelines and storage. The company sees the deal as strategically complementary, with potential for cost efficiencies and cross-selling opportunities. It follows GFL’s recent agreement to acquire Texas-based Frontier Waste Solutions for roughly $900 million. The companies haven’t commented publicly, and there is no guarantee the deal will be finalized. More on GFL Environmental Inc., Secure Energy Services Secure Waste Infrastructure: Still Attractive Thanks To Free Cash Flow SECURE Waste Infrastructure Corp. (SES:CA) Q4 2025 Earnings Call Transcript Strategic Pivot Opens Opportunity For Investors In GFL Environmental GFL Environmental renews share buyback program, secures OSC relief GFL Environmental Q4 2025 Earnings Preview
Gold tumbled after President Donald Trump followed unsuccessful peace talks between the US and Iran by ordering an American naval blockade of the Strait of Hormuz. Bullion plunged as much as 2% to near $4,650 an ounce in early trading, wiping out the previous week’s gain. Trump’s announcement , which sent oil prices surging , came after weekend negotiations in Pakistan failed to secure a deal to t...
Gold tumbled after President Donald Trump followed unsuccessful peace talks between the US and Iran by ordering an American naval blockade of the Strait of Hormuz. Bullion plunged as much as 2% to near $4,650 an ounce in early trading, wiping out the previous week’s gain. Trump’s announcement , which sent oil prices surging , came after weekend negotiations in Pakistan failed to secure a deal to turn a fragile ceasefire into a lasting peace after six weeks of fighting in the Middle East. Read More: Trump Vows to Blockade Hormuz After US-Iran Peace Talks Fail The spike in energy prices has raised inflationary risks, making it more likely that central banks will delay cutting interest rates or even hike them. This is a headwind for non-yielding gold, which benefits when borrowing costs are lower. US inflation surged in March by the most in nearly four years, with a record increase in gasoline prices responsible for nearly three-quarters of the monthly advance, according to data from the Bureau of Labor Statistics released Friday. The US military said it will begin the blockade of Hormuz at 10 a.m. Eastern Time on Monday, while Trump said Washington will interdict any vessel that has paid a toll to Iran for safe passage. Spot gold fell 1.7% to $4,670.07 an ounce at 6:09 a.m. Singapore time. Silver fell 2.9% to $73.70 an ounce. Platinum and palladium also fell. The Bloomberg Dollar Spot Index, a gauge of the US currency, ended the previous session down 0.1%.
Astera Labs, Inc. (NASDAQ:ALAB) is one of the Best Growth Stocks to Buy With Highest Upside Potential. On April 2, Citi lowered its price target on Astera Labs, Inc. (NASDAQ:ALAB) from $250 to $200, while maintaining a Buy rating on the stock. The firm cited that the reduced price target is due to the AI […]
Astera Labs, Inc. (NASDAQ:ALAB) is one of the Best Growth Stocks to Buy With Highest Upside Potential. On April 2, Citi lowered its price target on Astera Labs, Inc. (NASDAQ:ALAB) from $250 to $200, while maintaining a Buy rating on the stock. The firm cited that the reduced price target is due to the AI […]