DeepSeek plans STAR Market IPO after completing roughly $50B funding round

DeepSeek计划在完成融资后立即申请科创板IPO

DeepSeek plans to apply for a STAR Market IPO after completing a roughly $50 billion funding round, according to a large fund manager participating in the round; the post does not disclose valuation, timetable, filing documents, or company confirmation.

Why it matters: HKR-H/K/R all pass: a DeepSeek STAR Market IPO after a $50B round would put a Chinese foundation-model lab into public-market pricing. Single X sourcing and no formal filing keep it at the low end of the must-write band.