SenseTime, which had aimed to raise up to $767 million from the deal, says it is still committed to concluding Hong Kong listing soon
Chinese artificial-intelligence company SenseTime Group Inc. said it would postpone its Hong Kong initial public offering, days after it was added to an investment blacklist of companies that the U.S. government says are supporting Chinese military development.
In a statement to Hong Kong’s stock exchange, the company said the halt was meant to help investors consider the potential impact of the U.S. blacklisting, adding that it remains committed to completing the listing soon. The postponement comes after the company
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