---
title: "Understanding the Market | VGT rose over 7% in early trading and was added to the Hong Kong Stock Connect list, with the company being regarded as one of NVIDIA's most important PCB suppliers"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286700272.md"
description: "VGT rose over 7% in the morning session, and as of the time of writing, it has increased by 5.82%, trading at HKD 360, with a transaction volume of HKD 416 million. The company has been added to the Hong Kong Stock Connect list and is expected to benefit from global AI customers' infrastructure investments and product upgrades, becoming an important PCB supplier for NVIDIA, with a significant increase in revenue contribution anticipated"
datetime: "2026-05-18T02:08:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286700272.md)
  - [en](https://longbridge.com/en/news/286700272.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286700272.md)
---

# Understanding the Market | VGT rose over 7% in early trading and was added to the Hong Kong Stock Connect list, with the company being regarded as one of NVIDIA's most important PCB suppliers

According to Zhitong Finance APP, VGT (02476) rose over 7% in early trading, and as of the time of writing, it is up 5.82%, priced at HKD 360, with a transaction volume of HKD 416 million.

On the news front, on May 15, the Shanghai Stock Exchange announced that due to VGT's price stabilization period ending on May 16, 2026, in the Hong Kong market and the corresponding A-shares being listed for more than 10 trading days, adjustments will be made to the list of eligible stocks under the Shanghai-Hong Kong Stock Connect (referred to as: Stock Connect) in accordance with the relevant provisions of the "Implementation Measures for Shanghai Stock Exchange's Shanghai-Hong Kong Stock Connect Business," effective from the next trading day of Stock Connect. Nomura believes that as a leading player in the global AI PCB market, VGT will benefit from aggressive infrastructure investments and accelerated product upgrade cycles from global AI customers.

Nomura considers VGT to be one of NVIDIA's most important PCB suppliers, expecting VGT to capture approximately 50%-55% of the share in NVIDIA's next-generation Rubin platform (2026-2028). The unit value of NVIDIA GPU PCBs is expected to increase from USD 400 for Blackwell to over USD 1,000 for Rubin Ultra, which will directly drive VGT's revenue share from NVIDIA to rise from 9% in 2024 to 38% in 2028

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