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China’s SenseTime Hong Kong IPO is in limbo after the US blacklist

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[Business News] China’s SenseTime Hong Kong IPO is in limbo after the US blacklist HONG KONG (Reuters) – China’s artificial intelligence startup SenseTime Group is considering whether to move forward with a $ 767 billion initial public offering in Hong Kong after the U.S. added it to a blacklist of investments, two sources familiar with the situation told Reuters. Sources said on Saturday that the company had not yet made a final decision on whether or not to move forward with the list, and one added that if it went ahead it would consider reporting additional risks. A SenseTime spokesperson…

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