While clashes between the US and China over tariffs and trade restrictions have been a dominant theme in the technology world, this year’s hottest Asian stock demonstrates how the nations still rely on each other.
Shares of Victory Giant Technology (Huizhou) Co.are up nearly 600% so far this year, topping MSCI Asia Pacific Index, lifted by ties to its key customer Nvidia Corp. The Chinese maker of printed circuit boards is seen as having a niche in artificial intelligence applications, and the ability to rapidly meet customer needs.
It stands out against other recent top stock performers that underscore ...