Deepseek caused a wild, unfounded rally for some Chinese stocks

Chinese company AI Deepseek has made global titles for Help for Spark a large -scale sale in American technological shares on Monday, with Nvidia dropping Almost 20%.

In China, over about Deepseek has sent shares to some public companies with alleged links to it. The problem: There is no evidence in which these companies have ever invested or cooperate with Deepseek to start.

Deepseek Investors Rumors And capital and Zhejiang Orient popped up 10% on Monday while a research company called Exalted information about China He jumped 20% to collaborate with Deepseek on his AI models. (These are the legal maximum daily profits in Chinese exchanges.)

However, exalted information about China denies cooperating with Deepseek in a disclosureand the capital Huajin denied In Chinese business news, he has ever revealed an investment in Deepseek. Zhejiang Orient’s investment company has not responded to a request for a comment from TechCrunch, but there is no public evidence that they are an investor in Deepseek.

The rumors appear to come from unfounded Chinese lists -What have become viral-various publicly traded companies that are assumed to be bound by Deepseek.

Deepseek, a private company, has never publicly announced any investment in VC while Chinese corporate recording Do not mention VC companies on the Deepseek cap table. Instead, this Founder Liang Venfeng is referred to as the beneficiary of all three formations that form Deepseek. Deepseek is funded by Quant Firm High-Flyer (which Wenfeng is CEO) and has no fund raising plans, Wenfeng to the point Chinese media outputs last year.

In 2023 interview With the same retail outlet, Venfen said there were discussions with various sources of funding, but VCS “seemed hesitant” about investing in a company focused on research, instead of giving priority to commercialization.

Deepseek did not reply to the TechCrunch comment request.