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IPO

Chinese AI group SenseTime postpones IPO following U.S. sanctions

Company 'remains committed' to plan for Hong Kong share sale

SenseTime launched its debut share sale last week, aiming to raise as much as $767 million.   © Reuters

HONG KONG -- Chinese artificial intelligence company SenseTime Group postponed its Hong Kong initial public offering on Monday following Washington's move to add the company to an investment blacklist.

The company launched its debut share sale last week, aiming to raise as much as $767 million.

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