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Chinese AI Firm SenseTime to Withdraw Hong Kong IPO After U.S. Investment Ban

By
Juro Osawa
· · Source: The Information

Chinese artificial intelligence firm SenseTime has decided to withdraw its Hong Kong initial public offering and update its application with the aim of relaunching the IPO later, according to a person with knowledge of the matter. The move comes after the U.S. government added the company to an investment blacklist. SenseTime, which develops facial recognition software and other tools, plans...

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