China's SenseTime discussing fate of US$767m Hong Kong IPO with exchange: sources

    Published Fri, Dec 10, 2021 · 03:34 AM

    [HONG KONG] Chinese artificial intelligence startup SenseTime Group is discussing the fate of its planned US$767 million Hong Kong initial public offering (IPO) with the city's stock exchange on Friday, two people with direct knowledge of the matter said.

    The move comes after the Financial Times reported on Thursday that the United States will put the company on an investment blacklist on Friday.

    The sources declined to be named as the information was not yet made public.

    Spokespersons at SenseTime and the Hong Kong Stock Exchange did not immediately respond to Reuters' requests for comment.

    REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services