Shanghai Enflame's IPO raised roughly $910 million on the STAR Market, with retail investors oversubscribing the offering more than 6,000 times. ( read original story ...)
Tencent-backed Enflame IPO draws 6,109 times online demand
BEIJING, Sept 2 (Reuters) - Chinese AI chipmaker Shanghai Enflame Technology, backed by Tencent, drew investor orders worth 6,109 times the shares available in the online portion of its Shanghai ... ( read original story ...)
‘Shanghai Commercial Bank:’ Practical Implications for Transactions in New York
The New York County Supreme Court ruling in Shanghai Commercial Bank Ltd. v. New Tent addresses the legal complexities surrounding “deed in lieu” and “deed in a box” arrangements in real estate loan ... ( read original story ...)
China’s ‘fourth little AI dragon’ goes public: Tencent-backed Shanghai Enflame looks to raise $911 million in IPO
Tencent owns a 20% stake in Enflame and is also a major customer. The company has priced its offering on Shanghai’s technology-focused STAR Market at 142.18 yuan per share. ( read original story ...)
Tencent-Backed China Chipmaker Enflame Seeks $911 Million in IPO
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, as the last of the so-called “four little ... ( read original story ...)
Global market: China’s IPO boom gains momentum as AI, robotics fuel investor appetite
China’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong and Shanghai have already raised over $54 billion through IPOs ... ( read original story ...)
AI and robotics drive an IPO boom in China as Shein lists in Hong Kong
Chinese markets are booming with new public stock offerings, energized by the craze for artificial intelligence and other advanced technology and a growing preference to list shares in Hong Kong and ... ( read original story ...)