SenseTime Group’s IPO was considered a good way for the Hong Kong market to close the year as the stock exchange did not see enough high ticket listings this year due to a series of crackdowns by the Chinese government.
Prominent Chinese AI firm company SenseTime relaunches its $767M Hong Kong IPO with the exclusion of US investors.
Chinese AI firm SenseTime announced the postponement of their $767 million Hong Kong IPO listing after the US blacklisted the firm.
Artificial intelligence company SenseTime is now ready to go public as it plans toward its Initial Public Offering.
The IPO filing by SenseTime is a bold move at a time when the company is put on the U.S. Entity List which is a likely factor to dampen investor and customer confidence.