HK Stock Market Move | Victory Giant Technology (02476) has risen over 5% again. The company will release its mid-term results tomorrow. JP Morgan remains optimistic about accelerated profit growth in the second half of the year.

Victory Giant Technology (02476) surged over 5% again, and as of the time of publication, it rose 4.82% to HKD 239, with a trading volume of HKD 612 million. In terms of news, Victory Giant Technology announced earlier that its board of directors has set a board meeting for August 27, 2026, to review and approve the unaudited interim results for the six months ending June 30, 2026, and related announcements, while also considering proposals for the distribution of an interim dividend (if any). JP Morgan previously issued a research report stating that although the company is currently facing challenges such as ramping up new projects and uncertainties with the Kyber project, it believes that Victory Giant Technologys industry-leading technology and accelerated capacity expansion should help stabilize its market share and drive sustained profit growth. It forecasts a compound annual growth rate of 73% from 2025 to 2028, and expects that accelerated profit growth in the second half of 2026 will act as a catalyst for the stock price.