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

December 12, 2021
Source: wiredprnews.com wiredprnews.com
News Snapshot:
[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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Tags: appointment | artificial intelligence | Bangladesh | blacklist | Business | China | data | facial recognition | finance | financial | Hong Kong | initial public offering | investment | ipo | IT | KONG | Korea | loss | media | military | Myanmar | news | North Korea | pricing | website

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