Tencent-Backed Enflame Technology Sees Massive Retail Demand for IPO

Shanghai-based AI chipmaker Enflame Technology attracted over 4,000 times retail demand in its initial public offering, marking a strong debut for Chinese AI hardware firms.

2 Sept, 11:41 — 2 Sept, 11:41

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bloombergHigh8d ago

Tencent-Backed Enflame’s IPO Draws 4,073 Times Retail Demand

The initial public offering of Shanghai Enflame Technology Co., a company backed by Tencent Holdings Ltd., drew strong demand from retail investors, as the last of the so-called “four little dragons” of leading Chinese artificial intelligence chipmakers taps the public market.

By Bloomberg News

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Tencent-Backed Enflame Technology Sees Massive Retail Demand for IPO

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Tencent-Backed Enflame’s IPO Draws 4,073 Times Retail Demand

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