STOCKS | Victory Giant Technology Shares Rebound After Scandal-Linked Selloff

Victory Giant Technology (2476), an Nvidia supplier that listed on the Hong Kong main board in April, saw its A and H shares slide on scandal-related headlines, with the H shares falling 8.19% yesterday. According to Ming Pao, Douyin streamer “珍珍Janice” posted multiple claims about chairman Chen Tao’s private life, including an allegation that he “tricked me into having his child,” and released elevator CCTV footage showing a middle-aged man and a woman in white behaving intimately. The company’s H shares rebounded this morning, rising as much as 8.7% to a high of HK$361.2, and were last at HK$360.2, up 6.74%.