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SenseTime shares to open up 1.6% in Hong Kong debut -Breaking


© Reuters. FILE PHOTO : The logo of SenseTime can been seen at the SenseTime office in Shanghai on December 13, 2021. REUTERS/Aly Song

(Reuters] SenseTime Group’s shares will be 1.6% more than their initial public offering price (IPO), when they launch on the Hong Kong Stock Exchange.

Chinese AI startup, raised $740 million during its IPO. The shares of the company were listed at HK$3.85 ($0.4937) each.

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