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DeepSeek reportedly hires CITIC Securities for Shanghai STAR Market IPO · TechNode
DeepSeek, a startup specializing in artificial intelligence, has taken a significant step towards its initial public offering by hiring CITIC Securities, a leading investment management firm, to guide its IPO process on Shanghai's STAR Market. This strategic move signals the company’s intent to advance its funding and market presence. The startup plans to start the IPO process this year, although specific details regarding the timing, amount to be raised, and target valuation are still being finalized. The fundraising will provide DeepSeek the financial leverage to expand its operations and enhance its market competitive edge.
MonitorConfidence: MediumShort term horizon
Published 9 Sept 2026, 09:05 UTC1 min read
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Brief
NewsBite reading:DeepSeek hires CITIC Securities for IPO preparation on Shanghai STAR Market
TL;DR
- DeepSeek is preparing for an IPO on Shanghai’s STAR Market.
- CITIC Securities has been appointed to assist in the IPO process.
- The startup is based in Hangzhou, China.
- The IPO process is anticipated to begin this year.
- Details on funding amounts and valuations are still under consideration.
Interesting facts
- DeepSeek specializes in AI technologies, which is a rapidly growing sector in China.
- The STAR Market is known for encouraging innovation-driven companies to go public.
What changed
DeepSeek's strategic move to engage CITIC Securities for its IPO signifies its readiness for expansion and public investment.