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SenseTime is Second Chinese Unicorn to List Overseas

December 30, 2021
Source: pymnts.com pymnts.com
News Snapshot:
When China’s largest artificial intelligence (AI) company begins trading on Thursday (Dec. 30) on the Hong Kong Stock Exchange, SenseTime, ticker HK:0020, will be the first overseas initial public offering (IPO) by a well-known Chinese technology unicorn since Didi’s July listing in New York. The IPO will be offered at HK$3.85 (49 cents) per share, selling a potential 1.5 billion shares and raising HK$5.55 billion ($700 million), which is at the low end of the price range. The company has an estimated valuation of more than $16 billion, according to reports. See also: South Korean Unicorns Spark Interest in IPOs...
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