Star Market Stock Market

Star Market Stock Market· Business · 15 sources · Oct 6, 2026Story

DeepSeek Reportedly Nears $12 Billion in Tencent-Backed Funding Round

DeepSeek is nearing a funding round of at least 80 billion yuan—well above its original target—with Tencent and CATL among the major investors; the total could approach 100 billion yuan. The financing is expected to support the AI company’s growth ahead of a planned 2027 IPO.

Business· Oct 6, 2026

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Star Market Stock Market· Business · 9 sources · Sep 14, 2026Story

DeepSeek Plans First CFO Ahead of Possible IPO

DeepSeek plans to appoint Yan Wentao as its first CFO as it prepares for a potential STAR Market IPO, with CITIC Securities lined up to support the listing and a company valuation around 500 billion yuan amid ongoing fundraising and investment in chips, computing infrastructure, and talent. Yan, born in 1991 and a GL Ventures partner, will handle investor relations and financial management as the startup transitions toward conventional financing and public-market readiness.

Business· Sep 14, 2026

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Star Market Stock Market· Tech · 6 sources · Sep 9, 2026Story

Tencent-Backed Enflame Shares Triple in Shanghai Debut

Tencent-backed Enflame Technology surged about 200% in its Shanghai STAR Market debut after raising 6.12 billion yuan in its IPO, with the stock trading around 430 yuan and the company valued far above its IPO price. The listing, part of China’s push to build home-grown AI chips, shows Enflame’s strong investor interest despite ongoing net losses and a heavy reliance on Tencent as both a shareholder and customer as it eyes next-generation chips.

Tech· Sep 9, 2026

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Star Market Stock Market

DeepSeek Reportedly Nears $12 Billion in Tencent-Backed Funding Round

DeepSeek Plans First CFO Ahead of Possible IPO

Tencent-Backed Enflame Shares Triple in Shanghai Debut

Star Market Stock Market

DeepSeek Reportedly Nears $12 Billion in Tencent-Backed Funding Round

DeepSeek Plans First CFO Ahead of Possible IPO

Tencent-Backed Enflame Shares Triple in Shanghai Debut