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LATEST

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Asia

China's ‘fourth little AI dragon’ goes public: Tencent-backed Shanghai Enflame looks to raise $911 million in IPO

mint - markets · 1h ago · 🇮🇳 India

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 the full story at mint - markets →

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