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Macro Finance

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

Bloomberg Markets·August 31, 2026·1 min read

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. It is the last of the 'four little dragons' of leading Chinese AI chipmakers to tap the public market.

Read at Bloomberg Markets
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