--- title: "Hong Kong Stock Movement: VGT rises 10.08%, driven by strong orders and technological innovation boosting stock price surge" type: "News" locale: "en" url: "https://longbridge.com/en/news/285875765.md" description: "VGT rose 10.08%; Kingboard Laminates rose 1.48%, with a transaction amount reaching HKD 1.388 billion; Kingboard Group rose 4.05%, with a transaction amount reaching HKD 692 million; Sunny Optical Technology fell 4.44%, with a transaction amount reaching HKD 670 million; Lens Technology rose 0.62%, with a market value reaching HKD 103.3 billion" datetime: "2026-05-11T03:27:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285875765.md) - [en](https://longbridge.com/en/news/285875765.md) - [zh-HK](https://longbridge.com/zh-HK/news/285875765.md) --- # Hong Kong Stock Movement: VGT rises 10.08%, driven by strong orders and technological innovation boosting stock price surge **Hong Kong Stock Movement** Victory Technology rose by 10.08%. Based on recent key news: 1. On May 8, Victory Technology released an investor relations activity record, showing that the company has a full order book, smooth business progress, and good capacity utilization, driving the stock price up. Source: Guandian.com 2. On May 8, the company actively promoted the R&D of CoWop technology, expecting a significant increase in the value of related PCB products, enhancing market confidence. Source: Jinshi Data 3. On May 8, HDI sales saw significant growth, with AI technology expansion driving strong demand for multilayer PCBs, supporting the stock price increase. Source: Yongzhufang AI technology expansion drives PCB demand growth. **Stocks with High Trading Volume in the Industry** Kingboard Laminates rose by 1.48%. Based on recent key news: 1. On May 8, Citigroup raised its earnings forecast for Kingboard Group due to a shortage of fiberglass, copper foil, and copper-clad laminates caused by the AI infrastructure investment boom, leading to an upward revision of Kingboard Laminates' profit expectations. This news drove the stock price up, with Kingboard Laminates rising by 3.54%. Source: Zhitong Finance 2. On May 8, Kingboard Laminates initiated a new round of price increases due to rising downstream demand and raw material prices. The supply of key upstream materials for PCBs continues to be under pressure, with delivery times extended and some material prices raised by about 30%. Source: Zhitong Finance 3. On May 8, Citigroup believed that Kingboard Group's valuation was low, reaffirming a "Buy" rating, and expected the laminates business to significantly increase its proportion of the group's net profit. This analyst rating supports the stock price increase. Source: Jingji Tong News Agency AI-driven demand is strong, and industry growth expectations are optimistic. Kingboard Group rose by 4.05%. Based on recent key news: 1. On May 11, Kingboard Group had large transactions, with a transaction amount exceeding HKD 20 million, indicating strong market interest in the stock, driving the stock price up. 2. On May 8, Citigroup raised its earnings forecast for Kingboard Group for 2026 to 2028 by 50% to 61%, and raised the target price from HKD 48 to HKD 65, due to shortages of fiberglass, copper foil, and copper-clad laminates amid the AI infrastructure investment boom, enhancing market expectations. 3. On May 8, Kingboard Group's chairman, Zhang Guorong, reduced his holdings by 455,600 shares. Although such actions are typically viewed negatively, market expectations for the company's future profit growth remain strong, and the stock price continues to rise. The AI infrastructure investment boom is driving demand growth for copper-clad laminates, and the industry outlook is optimistic. Sunny Optical Technology fell by 4.44%, with a transaction amount reaching HKD 670 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** Lens Technology rose by 0.62%. Based on recent key news: 1. On May 8, Lens Technology's shareholder Changsha Qunxin Investment Consulting Co., Ltd. announced a donation of 3.9002 million shares of the company to the Yongzhou Charity Federation to support the quality improvement project of the Yongzhou Sports Center This donation will not lead to changes in the company's controlling shareholder and actual controller, demonstrating the company's emphasis on social responsibility, enhancing market confidence, and driving up the stock price. (Zhitong Finance) 2. On May 8, Lens Technology announced that the aforementioned donated shares accounted for 0.07% of the total share capital and emphasized that it would not affect the company's control structure. This news further stabilized investor sentiment and promoted the rise in stock price. (Titan Media) 3. On May 8, Lens Technology shareholder Changsha Qunxin signed a "Targeted Donation Agreement" with the Yongzhou Charity Federation and the Yongzhou Cultural Tourism, Radio, Television and Sports Bureau, specifying that the donated shares would be used for the quality improvement and renovation of the Yongzhou Sports Stadium, further enhancing the company's image among the public and benefiting the stock price. (36Kr) The electronic components industry has performed well recently, with significant capital inflows ### Related Stocks - [02476.HK](https://longbridge.com/en/quote/02476.HK.md) - [01888.HK](https://longbridge.com/en/quote/01888.HK.md) - [00148.HK](https://longbridge.com/en/quote/00148.HK.md) - [02382.HK](https://longbridge.com/en/quote/02382.HK.md) - [06613.HK](https://longbridge.com/en/quote/06613.HK.md) ## Related News & Research - [Hong Kong's new listing pipeline remains undeterred by Iran war volatility](https://longbridge.com/en/news/285890088.md) - [Oops! 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