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Chinese AI Unicorn SenseTime to Go Public in Hong Kong on Thursday-

News Snapshot:

AI unicorn SenseTime announced that its Hong Kong shares will enter into trading on Thursday, with each share priced at HK$3.85. The company is expected to raise HK$5.775 billion (about US$740 million). SenseTime is primarily engaged in computer vision and deep learning technologies that are used in an array of sectors including smart business, smart city, intelligent vehicles and smart lifestyle. The company has advantages in technologies like facial recognition, medical imaging, video processing, autonomous driving and remote sensing, etc. The company previously delayed its Hong Kong IPO over U.S. blacklisting on December 10, just days ahead of its planned…

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