The Rise of AI in China's Stock Market: A New Era for Deep Tech Firms?
The news that Chinese AI firm DeepSeek has tapped underwriters including Citic Securities for an Initial Public Offering (IPO) on Shanghai's Star market marks a significant milestone in the growth of deep tech firms.
This development is part of China's rapid advancement as a leader in artificial intelligence research and development, with the country aiming to become the world's premier AI powerhouse by 2030.