China's SenseTime Hong Kong IPO in limbo after U.S. blacklisting – sources
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China's SenseTime Hong Kong IPO in limbo after U.S. blacklisting – sources




HONG KONG (Reuters) – Chinese language synthetic intelligence startup SenseTime Group is contemplating whether or not it may possibly proceed with a deliberate $767 million Hong Kong preliminary public providing after the U.S. added it to an funding blacklist, two sources accustomed to the scenario informed Reuters.
The sources mentioned on Saturday that the corporate had not but made a ultimate determination on whether or not to go forward with the itemizing, whereas one added that it will take into account whether or not to make extra danger disclosures if it proceeds.
A spokesman for SenseTime declined to touch upon doable IPO adjustments.
SenseTime had missed the pricing date for the IPO on Friday after a media report {that a} blacklisting was imminent.
The designation was confirmed in a while Friday when the U.S. Treasury Division added SenseTime to a listing …

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