DeepSeek taps CITIC Securities as it moves toward a Shanghai STAR Market IPO

DeepSeek

Industry media only 3 src. ~1 min

DeepSeek has hired CITIC Securities as the sponsor for a domestic IPO, aiming to begin the listing process this year on Shanghai's STAR Market. Reports put the company's pre-IPO valuation around $74 billion, which would make it one of China's largest tech listings.

Why it matters

A DeepSeek listing would be the first public market test for China's leading open-weights lab and a landmark for the whole sector's commercialization push.

Importance: 3/5

Likely China's largest AI listing; ~$74B pre-IPO valuation

deepseek ipo china funding

Sources

media Chinese AI firm DeepSeek taps underwriters for IPO: sources

media DeepSeek reportedly hires CITIC Securities for Shanghai STAR Market IPO

secondary DeepSeek moves nearer to landmark Chinese IPO (Reuters)