VGT (02476) News

HK Stock Market Movement | Shenghong Technology (02476) Rebounds Over 6%; JPMorgan Says Market Is Overly Concerned About NVIDIA's Kyber Project

Shenghong Technology (02476) rebounded more than 6%. As of the time of writing, it rose 6.4% to HK$226, with a trading volume of HK$1.072 billion.

Zhitong Finance55minutes ago

Full-scale counteroffensive! Hong Kong-listed AI stocks surge back—has the correction ended?

Just moments ago, the market staged a major rally!

China Securities Journal12:10

Shenghong Technology (300476.SZ): Plans to Launch the First Tranche of Its 2026 A-Share Employee Stock Ownership Plan

Gelonghui, July 20 — Shenghong Technology (300476.SZ) announced its 2026 Phase I A-share Employee Stock Ownership Plan. The total amount of funds to be raised under this plan shall not exceed RMB 700 million, with subscriptions denominated in 'units,' each unit valued at RMB 1, meaning the total number of units under this plan shall not exceed 700 million. This employee stock ownership plan intends to achieve a ratio of financing funds to self-raised funds of no more than 1:1 through margin trading and other methods permitted by applicable laws and regulations, implying that the amount of financing obtained from financial institutions shall not exceed RMB 350 million. The leverage ratio complies with the 'Guidelines on Regulating Asset Management Activities of Financial Institutions.'

Gelonghui FinanceJul 20 22:07

Fu Pengbo's latest holdings have been disclosed: he reduced his position in a leading AI stock and established a new position in Focuslight Technologies.

As public mutual funds continue to release their second-quarter 2026 reports, the latest portfolio adjustments by prominent fund managers are gradually coming to light. Fu Pengbo, a well-known investment manager, initiated a position in Focuslight Technologies during the second quarter through the Ruiyuan Growth Value Fund, significantly reduced holdings in AI-related high-performing stocks such as Zhongji Xuchuang and Dongshan Precision, and lowered the fund’s Hong Kong equity allocation to its lowest level since inception. As of the end of Q2 2026, the net asset value of the Ruiyuan Growth Value Fund stood at RMB 22.201 billion, an increase of RMB 4.045 billion from RMB 18.156 billion as of the end of Q1 2026. In terms of performance, as of the end of Q2 2026, the Class A and Class C shares of the Ruiyuan Growth Value Mixed Fund recorded net asset value growth rates for the second quarter of

Gelonghui FinanceJul 19 10:52

ZHITONG Hong Kong Short Position Holding Statistics | July 18

GTJA Hong Kong Short Position Holdings | July 18

Zhitong FinanceJul 18 18:33

Jensen Huang denied the delay of the Vera Rubin product.

Nvidia (NVDA.US) CEO Jensen Huang denied reports that the company’s next-generation artificial intelligence accelerator platform, Vera Rubin, is facing delivery delays. Speaking to reporters on Wednesday at a developer conference in Tokyo, Huang stated that Vera Rubin has already entered mass production and is about to ramp up to large-scale manufacturing, with deliveries to customers proceeding as scheduled—though he did not disclose a specific timeline. Nvidia previously indicated that Vera Rubin has moved into full production, and partner products based on the platform are expected to launch in the second half of this year. Market research firm

AASTOCKSJul 16 10:14

Nomura Reaffirms Their Buy Rating on Victory Giant Technology (HuiZhou) Co., Ltd. Class H (2476)

TipRanksJul 15 16:46 · Ratings

Victory Giant Shares Rise After Company Denies Rumors -- Market Talk

WSJJul 14 14:09

Victory Giant Technology Refutes Market Rumours as AI PCB Demand Stays Strong

TipRanksJul 14 12:37

Nomura downgrades Shenghong Technology (02476.HK) target price to HK$447, reaffirms 'Buy' rating

Nomura published a research report noting that although recent market concerns have arisen over the delayed mass production of NVIDIA’s (NVDA.US) next-generation rack architecture, Kyber NVL, it expects GPU capacity for Rubin in the second half of this year to continue supporting Shenghong Technology’s (02476.HK) PCB value enhancement and gross margin expansion. The firm believes Shenghong Technology can maintain its position as a leading supplier to GPU customers, and that its entry into ASIC and optical transceiver customer segments will drive sustainable growth from the second half of this year through next year. The firm has lowered its revenue forecasts for the company’s fiscal years 2026 to 2028 by 7% to 13%, and reduced its

AASTOCKSJul 14 11:47

HKEX Announcement Insights | Youjia Innovation and DiDi Freight Establish Long-Term Strategic Partnership to Jointly Advance Commercialization and Large-Scale Deployment of Urban Last-Mile Autonomous Delivery

Nao Dong Ji Guang-B won second place in the Third Xiong'an Vertical Large Model Application Competition, and its latest clinical research findings were published in an internationally authoritative journal; Youjia Innovation has established a long-term strategic partnership with DiDi Delivery to jointly advance the commercialization and large-scale implementation of urban last-mile autonomous delivery.

Zhitong FinanceJul 14 08:47

Express News | Shenghong Technology: The company strictly adheres to customer standards, and the jointly developed R&D iterative products are progressing smoothly.

BreakingsJul 13 19:22

Amid significant market volatility, public mutual fund managers remain actively engaged in on-site research visits, with one company receiving as many as 83 such visits in a single week.

① Zhongji Xuchuang was subject to as many as 83 public fund research visits last week, with participating institutions including E Fund Management, China AMC, and several other leading public fund managers; ② Key players in the optical communications industry chain—TFC Photonics—and Shenghong Technology, a key enterprise in the PCB and AI computing sectors, also received research visits from multiple leading public fund managers.

cls.cnJul 13 18:28

AI PCB sector under selling pressure; 'Kingboard Twin Gems' plunge by 20%; JPMorgan reaffirms 'Overweight' rating on Shenghong Electronics (300476.SZ)

Market enthusiasm for AI hardware stocks has cooled, with AI-related PCB (printed circuit board)概念股 significantly under pressure today (the 13th). KBT Group (00148.HK) opened flat before plunging sharply, at one point dropping 22.2% to HK$57.20—the lowest level in over a month—and now trading 62.3% below its all-time high of HK$151.80. It is currently trading at HK$57.90, down 21.22%, with turnover reaching HK$3.532 billion. Its affiliate, KBTL Holdings (01888.HK), opened down 3.1% and continued to decline, falling as much as 20.3% to HK$50.05—also hitting a more-than-one-month low—and is now 53% below its record high of HK$107.20. It is currently trading at

AASTOCKSJul 13 15:06

Express News | Ministry of Foreign Affairs: **** will attend the opening ceremony of the 2026 World Artificial Intelligence Conference and the High-Level Meeting on Global Governance of Artificial Intelligence and deliver a keynote speech.

BreakingsJul 13 15:04

Hong Kong Exchanges and Clearing Limited (HKEX, stock code: 00388.HK) has added 18 new weekly and monthly stock option classes.

Hong Kong Exchanges and Clearing Limited (HKEX, stock code: 00388.HK) announced that it will launch 18 new weekly and monthly equity options classes in phases on August 10, 17, and 31, 2026. The six equity options classes commencing trading on August 10 include: MINIMAX-W (00100.HK), ZTE Corporation (00763.HK), Zhipu AI (02513.HK), Kingsoft Cloud (03896.HK), Yangtze Optical Fibre and Cable Joint Stock Limited Company (06869.HK), and Ubtech Robotics (09880.HK). The six equity options classes commencing trading on August 17 include: Shandong Gold

AASTOCKSJul 13 13:43

Risk unwinding from concentrated corrections in high-flying tech sectors; awaiting stabilization of sentiment amid heightened market volatility.

Track the entire lifecycle of the mainline sector.

cls.cnJul 13 09:22

Zhito Hong Kong Market Insight | Tech stocks weaken again amid 'blood-draining' effects and speculative rumors, while capital flows into innovative drugs driving multi-pronged rallies

The A-share market is currently overly reliant on the technology sector; whenever this segment weakens, the overall market performs poorly. In contrast, the Hang Seng Index is less affected by technology stocks and actually rose today, closing up 0.60%.

Zhitong FinanceJul 10 20:33

Zhitong Hong Kong Stock Short Position Holding Statistics | July 10

WisdomTong Hong Kong Short Position Holding | July 10

Zhitong FinanceJul 10 18:30

Market Snapshot | The three major indices moved in mixed directions, with the Hang Seng Index rising 0.6% and the Hang Seng Tech Index falling 0.21%. Technology and internet stocks generally advanced, with Xiaomi up over 3% and Alibaba gaining more than 2

Tech and internet stocks rose broadly, with Xiaomi Group-W up 3.36% and NetEase down 2.73%; most lithium battery stocks declined, with CATL falling 7.92% and Tianqi Lithium down 4.20%; biotechnology stocks advanced across the board, with Pregene Biopharma-B surging 28.93% and Kelun-Biotech rising 8.74%;

Futu NewsJul 10 16:24