𝗦𝗵𝗮𝗻𝗴𝗵𝗮𝗶 𝗜𝗣𝗢 𝗳𝗿𝗲𝗻𝘇𝘆: $𝟮𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗳𝗼𝗿 𝗮 𝟭.𝟳% 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲 On Friday, a little-known chipmaker went public in Shanghai and raised as much money as Unitree did in August. 𝗟𝗶𝗻𝗸 𝘁𝗼 𝗳𝘂𝗹𝗹 𝘀𝘁𝗼𝗿𝘆 𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗺𝗺𝗲𝗻𝘁𝘀.

Retail investors wanted to buy 4,073 times as many shares as were on offer. By the close, Enflame was worth about $25 billion, with the stock trading at almost three times its offer price.