China’s SenseTime Postpones $767 Million Hong Kong IPO After US Ban

China’s SenseTime Postpones $767 Million Hong Kong IPO After US Ban
The logo of the artificial intelligence startup SenseTime is seen at its office in Hong Kong, China, on Aug. 18, 2021. Tyrone Siu/Reuters
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Chinese artificial intelligence start-up SenseTime Group Inc. postponed its $767 million Hong Kong initial public offering (IPO) on Monday after being placed on a U.S. investment blacklist.

SenseTime said it remained committed to completing the offering and would publish a supplemental prospectus and an updated listing timetable.