AI startup SenseTime discussing fate of $767m HK IPO with exchange

Chinese artificial intelligence startup SenseTime Group is discussing the fate of its planned $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 that would mean U.S.-based investors could not buy shares in the company.

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