SenseTime, a Chinese artificial intelligence start-up, is going public in Hong Kong, despite mainland counterparts abandoning plans to list on the stock exchange in reaction to Beijing’s escalating crackdown on the technology industry. SoftBank, Alibaba, Tiger Global, and Silver Lake are among the company’s investors. It filed paperwork for an initial public offering on the Hong Kong market late Friday. SenseTime did not say how much money it planned to raise, although it is one of the most valued AI start-ups in the world. According to two people familiar with the situation, SenseTime previously raised funding at a valuation of...