Xu Li, CEO of SenseTime, showcases its facial recognition system at its Beijing showroom in this file picture from 2018. Photo: Bloomberg
Xu Li, CEO of SenseTime, showcases its facial recognition system at its Beijing showroom in this file picture from 2018. Photo: Bloomberg
IPO

SenseTime shrinks Hong Kong IPO size by 62 per cent to US$768 million as Chinese tech sell-off undermines valuation

  • China’s largest artificial intelligence company to kick off stock offering in Hong Kong on Tuesday amid tech sector wobble
  • SenseTime will raise as much as US$768 million at top-end of the IPO price range, versus previously targeted US$2 billion in proceeds

Topic |   IPO
Xu Li, CEO of SenseTime, showcases its facial recognition system at its Beijing showroom in this file picture from 2018. Photo: Bloomberg
Xu Li, CEO of SenseTime, showcases its facial recognition system at its Beijing showroom in this file picture from 2018. Photo: Bloomberg
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