AICNBC Techabout 3 hours ago
DeepSeek founder's quant fund piles into China tech IPOs
1 min read
DeepSeek founder Liang Wenfeng's hedge fund High-Flyer Quant secured pre-IPO allocations in Chinese hard-tech listings, including $26 million in memory chipmaker CXMT and $5.8 million in robot maker Unitree Robotics. DeepSeek itself invested in Unitree's IPO as a strategic partner, while seeking outside funding as its capital needs grow.
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