China’s SenseTime HK IPO said to be in limbo after US blacklisting

Photo: Reuters

Chinese artificial intelligence startup SenseTime Group is considering whether it can proceed with a planned $767 million Hong Kong initial public offering after the U.S. added it to an investment blacklist, two sources familiar with the situation told Reuters.

The sources said on Saturday that the company had not yet made a final decision on whether to go ahead with the listing, while one added that it would consider whether to make additional risk disclosures if it proceeds.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter