DeepSeek is expected to land on the Shanghai Science and Technology Innovation Board as early as the second quarter of next year.

According to TrendForce's Beating Monitor, The Wall Street Journal reported, citing sources familiar with the matter, that DeepSeek is preparing to list on the Shanghai STAR Market. The company plans to submit its application by the end of this year, with the earliest listing in the second quarter of 2027.

DeepSeek has begun discussions with investors and banks regarding the listing plan. The IPO proceeds will be used for model development, talent acquisition, and computing power infrastructure.

The timeline is subject to change and requires regulatory approval.