High-Flyer Quant, which bankrolled DeepSeek, has come to the fore, making a push into new listings as it chases returns in China's red-hot IPO market.

Source: [CNBC](https://www.cnbc.com/2026/08/28/deepseek-founder-liang-wenfeng-high-flyer-china-tech-ipos-funding.html)

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