One of China’s most closely watched AI companies is preparing for a potential IPO on Shanghai’s STAR Market... DeepSeek’s IPO could mark the next phase of China’s AI boom, as it prepares to enter a market already home to leading semiconductor and robotics companies like CXMT and Unitree. At a potential $75 billion valuation, DeepSeek could become the fifth-largest company listed on the STAR Market, based on September 28, 2026 market prices. $KSTR tracks the STAR 50 Index, giving investors exposure to companies listed on the STAR Market. Due to its size, DeepSeek could be eligible for the STAR Market’s fast-track inclusion process, potentially giving it a quicker path into major indexes. Learn more about DeepSeek’s potential IPO and what DeepSeek’s potential IPO could mean for KSTR here: A Complete Guide to DeepSeek’s 2026 IPO: What It Means For China ETF KSTR - KraneShares $KSTR does not hold DeepSeek as of 10/7/26. An IPO and future inclusion in KSTR are not assured. Holdings are subject to change. Top 10 holdings: