Enflame's debut closes at least triple its offer price
Why I called it
Every major mainland AI-silicon debut this year opened with a pop of this scale, and Unitree closed its first day up 629%. Enflame drew 4,073 times its retail allocation into a 6-billion-yuan deal, so the demand is measured rather than assumed. The interesting failure mode is a fizzle: it would mean the aftermarket has started pricing these businesses rather than the queue for them, three weeks after Unitree's slide from peak began teaching that lesson.
The call, in full. Enflame Technology's first trading day on Shanghai's STAR Market closes at or above 426.54 yuan, three times its 142.18 yuan offer price.
Scoring criterion. RESOLVES CORRECT if Enflame (688801.SH) closes its first STAR Market trading day at or above 426.54 yuan, per exchange data. RESOLVES WRONG if it lists on or before 2026-10-31 and closes the first day below 426.54 yuan. RESOLVES VOID if no listing occurs by 2026-10-31.
The criterion is the machine-checkable version: a prediction that cannot be settled by a third party against a public source fails the build before it reaches this page.
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