News Snapshot:
HONG KONG : Chinese artificial intelligence startup SenseTime Group plans to keep its Hong Kong initial public offering (IPO) at US$767 million as it considers re-launching the withdrawn deal as early as Monday, four people with direct knowledge of the matter said. The people could not be identified as the information is not public. A spokesperson for SenseTime, which withdrew its Hong Kong IPO on Monday after the administration of U.S. President Biden put the company on a blacklist, declined to comment to Reuters. The U.S. Treasury added SenseTime to a list of "Chinese military-industrial complex companies," last week accusing...
