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

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.