By Scott Murdoch

HONG KONG (Reuters – Chinese startup SenseTime Group, an artificial intelligence company from China, relaunched their $767m Hong Kong IPO Monday. This comes a week after the company was included on a U.S. Investment Blacklist.

According to regulatory filings SenseTime has maintained its target to sell 1.5 billion shares between HK$3.85 & $HK3.99, and the final price will be decided on Thursday.

The company will now be dependent on cornerstone investors, who will buy approximately $511million or about 67% of its shares. That’s up from the $450 million (or 58%) of shares it previously owned.

SenseTime stated that its inclusion on U.S. Blacklist didn’t impose any restrictions upon its business operations. However, it added that the lack of U.S. investment could hinder its ability to raise capital and decrease trading liquidity.

On Dec. 10, the U.S. Treasury listed SenseTime on a “Chinese Military-Industrial Complex Companies” list. It accused SenseTime of developing a facial recognition program to identify ethnic Uyghurs.

U.N. officials and rights groups have estimated that over a million Uyghurs as well as members of other Muslim minority minorities were held in detention in China’s remote-west region, Xinjiang, in the recent years.

Foreign parliaments and lawmakers have called the Uyghur treatment genocide. They cited evidence that Uyghurs were forced to sterilise and died in camps. China has denied these claims, and said that Uyghurs are increasing at a faster rate than the average national population.

“Our products and services for civil and commercial use are not intended for military applications,” SenseTime stated in Monday’s revised filings.

The company had previously stated that it opposed the creation of the blacklist, and that it was not subject to any accusations.

SenseTime shares will begin trading at the Hong Kong Stock Exchange Dec 30,

($1 = 7.8021 Hong Kong dollars)