Enflame Technology, a China-based AI chipmaker backed by Tencent Holdings, surged 188% in its Shanghai trading debut on Friday. The stock opened at 410 yuan versus an issue price of 142.18 yuan, valuing the company at 176.4 billion yuan.
WHO:Enflame Technology
WHAT:Enflame Technology shares rose 188% in their Shanghai trading debut.
WHEN:Sep 11, 2026
WHERE:Shanghai, China
WHY:Investor appetite for domestic AI chip champions drove the trading debut performance.
