Enflame Technology Opens 188% Higher in Shanghai STAR Market Debut
MT Newswires Live
2 hours ago
Shanghai Enflame Technology (SHA:688801) opened 188% higher at 410 yuan on its first trading day on the Shanghai Stock Exchange's STAR Market on Friday.
The Tencent Holdings-backed (HKG:0700) chip developer offered 43 million shares priced at 142.18 yuan apiece in its IPO.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.