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Tencent-backed chipmaker Enflame nearly triples in its Shanghai debut

This story is from 2026-09-11. It is preserved in the archive; the latest stories are on the live feed.

Shares in Shanghai Enflame Technology closed 179% above their offer price on their first day of trading on Shanghai’s Star Market on Friday. The Tencent-backed AI chipmaker had raised about 6.12bn yuan ($911m) in its initial public offering, Bloomberg reported. The stock opened at 410 yuan, against…

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  1. 2026-09-11 13:58 · The Next Web
    Tencent-backed chipmaker Enflame nearly triples in its Shanghai debut

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