Chinese artificial intelligence (AI) firm SenseTime Group said on Dec. 20 that it will relaunch the $767 million Hong Kong ($98.3 million) initial public offering a week after the United States bans American investment in the company.
SenseTime kept its target of selling 1.5 billion shares at a price between HK$3.85 ($0.49) and $HK3.99 ($0.51) each, according to its revised filings to the Hong Kong Stock Exchange. The final offer price will be set on Dec. 23.
