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China's SenseTime delays Hong Kong IPO after placement on U.S. blacklist – NewsBreak

News Snapshot:

SenseTime, a Chinese developer of facial recognition technology, is delaying its Hong Kong IPO after being added to a U.S. Treasury Department blacklist of "Chinese military-industrial companies." Why it matters: This is China's most highly valued AI company, fetching a $13 billion mark after being placed on a different…

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