SenseTime shares jump as much as 23% on debut after $740m Hong Kong IPO

SenseTime shares jump as much as 23% on debut after $740m Hong Kong IPO

FILE PHOTO: The logo of SenseTime is seen at SenseTime office, in Shanghai, China December 13, 2021. REUTERS/Aly Song

SenseTime Group shares surged as much as 23% from their IPO price on Thursday, adding billions of dollars to the artificial intelligence start-up’s market value as it debuted in Hong Kong in the city’s final major float for the year.

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