Enflame Closes 179 Higher After a 912M Shanghai IPO
Enflame Closes 179% Higher After a $912M Shanghai IPO 20m ago • Bitzo bullish : 0 bearish : 0 Share Enflame closed 179% higher in its September 11, 2026 Shanghai debut, ending at 397 yuan after raising 6.12 billion yuan ($912 million) in its initial public offering. The performance marked a sharp first-day market reception for the Tencent-backed AI-chip developer on Shanghai’s tech-focused STAR Market. The company’s close is measured against its 142.18 yuan IPO offer price, while its 410 yuan op
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