Tencent-Backed Enflame Soars on Shanghai Stock Exchange Debut

Tencent-backed Enflame triples in Shanghai debut as China AI chip bets surge - reuters.com

Tencent-backed Enflame triples in Shanghai debut as China AI chip bets surge  reuters.com

Chinese Nvidia rival Enflame soars 206% on stock market debut as AI demand stays hot

Chinese AI chipmaker Enflame, an Nvidia rival and one of China's "four little dragons," made its Shanghai market debut.

Enflame shares soar 188% on Shanghai debut as Nvidia challenger taps investor fever for AI

Enflame Technology, one of the major challengers to Nvidia in China, saw its share price surge 188 per cent in its Shanghai trading debut on Friday, giving the Tencent Holdings-backed artificial intelligence chipmaker a market capitalisation of 176.4 billion yuan (US$26.3 million). The Shanghai-based company opened at 410 yuan, up from its issue price of 142.18 yuan. The performance reflects continued investor appetite for domestic AI chip champions, with Enflame being the last of China’s “fo...

By Ann Cao

Tencent-backed Enflame surges 188% in Shanghai debut after $912 million IPO

Enflame Surges 188% in Shanghai Debut as AI Chip Boom Continues - Caixin Global

Enflame Surges 188% in Shanghai Debut as AI Chip Boom Continues  Caixin Global

Enflame shares surge 200% in Shanghai debut as AI chip frenzy intensifies

By Investing.com

Tencent-backed Enflame to open up 188% in Shanghai debut after $912 million IPO - The Star

Tencent-backed Enflame to open up 188% in Shanghai debut after $912 million IPO  The Star