Correct

腾升

/ téng shēng /
Strokes

Example

As a Verb

(of flame, smoke, etc) rise; shoot; leap

1
Huǒyàn
火焰
téng
shēng
ér
  

Flames rose high into the sky.

As a Verb

(of prices) go up rapidly; shoot up; soar

2
Yóujià
油价
téng
shēng
  

Oil price has gone up very rapidly.