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News
Tencent-backed Enflame surges 188% in Shanghai debut after $912 million IPO
3+ day, 11+ hour ago (134+ words) HONG KONG/SHANGHAI, Sept 11 — Chinese artificial intelligence chipmaker Shanghai Enflame Technology opened 188% 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…...