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Hong Kong's once red-hot IPO market has cooled, but city still holds appeal for investors

SenseTime's IPO delay likely to raise risks for Chinese companies looking to make their stock market debut

Published Tue, Dec 14, 2021 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Hong Kong

    INVESTORS are closely watching the fallout of SenseTime's decision to delay its initial public offering (IPO) as a gauge for how future technology listings in Hong Kong could pan out.

    Even as the Chinese artificial intelligence firm maintained that it would go public at some point, the postponement of the IPO due to a US investment blacklist is likely to raise risks for Chinese companies looking to make their stock market debut amid concerns from Beijing on data security.

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