Tag: shanghai debut
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Tencent-backed Enflame surges 188% in Shanghai debut after $912 million IPO
HONG KONG/SHANGHAI, Sept 11 : Chinese artificial intelligence chipmaker Shanghai Enflame Technology opened 188 per cent higher in its Shanghai debut on Friday, after the Tencent-backed company raised 6.12 billion yuan ($912 million) in its initial public offering.The stock opened at 410 yuan versus its offer
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