SenseTime said to be weighing reopening Hong Kong IPO orders next Monday | The Edge Markets


Source: theedgemarkets.com theedgemarkets.com

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- A + A (Dec 16): Chinese artificial intelligence (AI) firm SenseTime Group Inc is considering reopening orders for its Hong Kong initial public offering (IPO) as soon as next Monday (Dec 20), according to people familiar with the matter, after tensions with the US government delayed its debut. The AI startup’s offering will be roughly the same size as it had been seeking prior to postponing its listing, the people said. Chinese investors are taking a larger percentage of the shares available to cornerstone investors in the IPO, one of the people said, asking not to be identified as...