TechBloomberg Tech2h ago

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

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.

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Source: Bloomberg Tech · Opens in new tab