Only weeks later the U.S. set a unit of SenseTime Group Inc. on a blacklist for alleged human rights violations, the firm is going to make author Tang Xiao’ou one of the world’s most extravagant individuals. China’s biggest artificial intelligence organization estimated its initial public offering at HK$3.85 (S$0.66) per share, raising US$5.55 billion (S$7.5 billion). That was the lower part of the normal reach, however a sign that in spite of expanded strains with the US and Beijing’s crackdown on tech giants, the nation, including its immense surveillance machinery, keeps on producing huge fortunes and huge additions for venture...