Caixin
Dec 14, 2021 09:15 PM
TECH

AI Specialist SenseTime Delays Hong Kong IPO After U.S. Blacklisting

A man tries out an AR rendering program by Sensetime at an exhibition in 2018 in Shenzhen, South China's Guangdong province. Photo: VCG
A man tries out an AR rendering program by Sensetime at an exhibition in 2018 in Shenzhen, South China's Guangdong province. Photo: VCG

Chinese artificial intelligence specialist SenseTime Group Inc. announced it would postpone its Hong Kong IPO days after being placed on a U.S. investment blacklist over allegations that its technologies are used to enable repression of ethnic minorities in China.

In a Monday exchange filing, SenseTime said that the decision was made to “safeguard the interests of the potential investors” and help them “consider the potential impact” of the U.S. move.

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