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SHANGHAI ENFLAME TECHNOLOGY
Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debutTencent-backed Shanghai Enflame Technology surged nearly 200% in its Shanghai debut after raising $912 million through its IPO. Strong inve...- Global Market: China, Hong Kong stocks fall as rate hike fears weigh on sentimentChina and Hong Kong stocks fell on Friday, with the CSI300 and Hang Seng heading for weekly losses amid thin trading volumes, weaker liquid...
- Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiativ...
- Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame is China's latest AI chipmaker to go public as Beijing steps up its tech self-sufficiency drive, with the United States banning e...
- AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPOThe chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new shares, representing a 10% stake in its enlar...
- China bans foreign AI chips from state-funded data centresChina has ordered state-funded data centres to use only locally made AI chips, forcing those under 30% complete to remove foreign processor...
- Chinese AI firms form alliances to build domestic ecosystem amid US curbsChinese AI companies are forming alliances to build a domestic ecosystem and reduce reliance on foreign technology amid U.S. export restric...
- China AI chip firm Biren raises new funds, plans Hong Kong IPOThe funding round and IPO plan come as China seeks to develop domestic alternatives to U.S. semiconductors amid escalating export restricti...
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