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China’s SenseTime discussing fate of $767 million Hong Kong IPO with exchange -sources -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: The brand of synthetic intelligence (AI) startup SenseTime is seen at its workplace in Hong Kong, China August 18, 2021. Image taken August 18, 2021. REUTERS/Tyrone Siu

HONG KONG (Reuters) – Chinese language synthetic intelligence startup SenseTime Group is discussing the destiny of its deliberate $767 million Hong Kong preliminary public providing (IPO) with town’s inventory change on Friday, two individuals with direct data of the matter mentioned.

The transfer comes after the Monetary Instances reported on Thursday that america will put the corporate on an funding blacklist on Friday.

The sources declined to be named as the data was not but made public.

Spokespersons at SenseTime and the Hong Kong Inventory Trade didn’t instantly reply to Reuters’ requests for remark.

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