CoinScoopDeepSeek Taps CITIC Securities for STAR Market IPO
Hangzhou-based AI startup DeepSeek (深度求索) has commissioned CITIC Securities (中信证券) to prepare for an IPO on the Shanghai Stock Exchange's STAR Market, with plans to initiate the process this year. The company is currently raising funds at a target valuation of approximately 500 billion yuan ($75 billion).
Summaries are written by AI from the original article. Not investment advice.