People walk beneath a message welcoming Chinese artificial intelligence group SenseTime to the Hong Kong stock exchange on December 30. Photo: AFP
People walk beneath a message welcoming Chinese artificial intelligence group SenseTime to the Hong Kong stock exchange on December 30. Photo: AFP

SenseTime rises 7 per cent in Hong Kong debut after surprise surge as traders defied US sanctions

  • The US$851 million global offering was delayed by the US decision to sanction the AI group for alleged human rights abuses
  • Stock surged to as high as HK$4.74, versus the indicative price range of HK$3.83 to HK$3.90 in grey-market trading

Topic |   Artificial intelligence
People walk beneath a message welcoming Chinese artificial intelligence group SenseTime to the Hong Kong stock exchange on December 30. Photo: AFP
People walk beneath a message welcoming Chinese artificial intelligence group SenseTime to the Hong Kong stock exchange on December 30. Photo: AFP
READ FULL ARTICLE