EventBusinessSeptember 2, 2026

Tencent-backed AI chipmaker Enflame's IPO draws 4,073x retail demand

Read original source →bloomberg.com

Enflame Technology's Shanghai STAR Market IPO drew 4,073 times retail demand. The company plans to issue 43.04 million new shares (10% of post-issue capital) to raise RMB6 billion for fifth- and sixth-generation AI chip development.

2 sources

More stories today

Open the live feed