[BUSINESS]■ STORY TIMELINE
TENCENT-BACKED ENFLAME IPO SEES MASSIVE RETAIL DEMAND
Shanghai Enflame Technology's initial public offering attracted 4,073 times oversubscription from retail investors. The Tencent-backed AI chipmaker becomes the latest of China's leading semiconductor designers to enter the public market.
Bloomberg Tech+0m
The initial public offering of Shanghai Enflame Technology Co., a company backed by Tencent Holdings Ltd., drew strong d…