News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
DeepSeek Reportedly Stresses AGI Research Over Commercialization in RMB70B Fundraising, which May be Joined by TENCENT
DeepSeek management has told potential investors during an ongoing RMB70 billion fundraising round that the company will prioritize breakthrough in AI research over short-term comm...
Reset
Send
The window will close in 5 seconds
DeepSeek Reportedly Stresses AGI Research Over Commercialization in RMB70B Fundraising, which May be Joined by TENCENT
Close
Recommend
16
Positive
19
Negative
9
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Selected Gold ETF share!

DeepSeek management has told potential investors during an ongoing RMB70 billion fundraising round that the company will prioritize breakthrough in AI research over short-term commercialization, Bloomberg reported, citing people with the knowledge of the matter.

The company is in the final stages of discussions for the financing deal, sources divulged. Prior to this round, DeepSeek was valued at approximately USD45 billion.

Related NewsG Sachs Encouraged by Progress of TENCENT (00700.HK) AI Strategy; Reiterates Buy with TP HKD700
Potential investors include the National AI Industry Investment Fund, a vehicle set up by Beijing to advance strategic AI projects. The fund is reportedly in talks to invest around RMB10 billion.

TENCENT (00700.HK)  +2.400 (+0.547%)    Short selling $865.79M; Ratio 8.160%   , IDG Capital and Monolith are also close to finalizing their participation in the investment, sources added.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.