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Markets

SenseTime's post-IPO rally surprises market

Shares of sanctioned Chinese AI company up 113% since Dec. 30 debut

SenseTime's stock price moves have been out of sync with the wider market for Hong Kong shares, puzzling observers.   © Reuters
CISSY ZHOU, Nikkei staff writer | Hong Kong

HONG KONG -- Shares of Chinese artificial intelligence group SenseTime Group continued to climb on Tuesday, powering ahead with a rally that has seen the stock rise 113% since investors' cool welcome to the company's initial public offering.

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