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Tencent-Backed China Chipmaker Enflame Seeks $911 Million in IPO

Bloomberg Markets Monday 31 August 2026, 11:33 UTC By Bloomberg News 1 min read
Key Points

Shanghai Enflame Technology Co., backed by Tencent Holdings Ltd., is seeking to raise about 6.12 billion yuan ($911 million) in an initial public offering, as the last of the so-called “four little dragons” of leading Chinese artificial intelligence chipmakers taps the public market.

Shanghai Enflame Technology Co., backed by Tencent Holdings Ltd., is seeking to raise about 6.12 billion yuan ($911 million) in an initial public offering, as the last of the so-called “four little dragons” of leading Chinese artificial intelligence chipmakers taps the public market.
Tencent-Backed (ORG) China (LOCATION) IPO Shanghai Enflame Technology Co. (ORG) Tencent Holdings Ltd. (ORG) Chinese (ORG)
Originally published by Bloomberg Markets Read original →

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