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Delton Technology Guangzhou’s shares surged 106% to HK$147.9 in their Hong Kong debut, after raising HK$3.3B ($421M), before easing. Shenzhen-listed shares fell 3.9%. Investor interest was fueled by China’s AI-related stocks, including Alibaba and Ba

2026-03-20

Delton Technology Guangzhou’s shares surged 106% to HK$147.9 in their Hong Kong debut, after raising HK$3.3B ($421M), before easing. Shenzhen-listed shares fell 3.9%. Investor interest was fueled by China’s AI-related stocks, including Alibaba and Baidu, amid soaring demand for computing and storage. Delton, a printed circuit board maker for servers, is on track for the largest first-day gain in Hong Kong for listings raising over $400M since Montage Technology’s 64% jump in February.

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