Briefing
asia markets

SenseTime Raises $712 Million in Hong Kong IPO

By
Aidan Ryan
· · Source: The Information

Chinese artificial intelligence firm SenseTime raised $712 million in its Hong Kong initial public offering after pricing shares at about 49 cents, the company announced Wednesday. The IPO price was at the low end of its expected price range, which had a maximum price of 51 cents per share. The shares are expected to be publicly listed beginning Thursday at 9:00 a.m. Hong Kong time, or 8:00...

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