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Chinese professor raises $ 3.4 billion in assets with SenseTime’s IPO

December 29, 2021
Source: trading-u.com trading-u.com
News Snapshot:
Chinese professor raises $ 3.4 billion in assets with SenseTime’s IPO Markets By Sydney Barrett Last updated Dec 28, 2021 Share (Bloomberg) – Just weeks after the US blacklisted a unit of SenseTime Group Inc. for alleged human rights abuses, the company is in the process of making founder Tang Xiao’ou one of the richest people in the world. Most read by Bloomberg China’s largest artificial intelligence company has listed its IPO at HK $ 3.85 (49 cents) per share. That was the lower end of the expected range, but a signal that despite mounting tensions with the US and...
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