SenseTime IPO plan in jeopardy as U.S. adds it to blacklist

AI unicorn labeled part of China military-industrial complex before Hong Kong listing

20211210N sensetime REU

SenseTime had said it expected its shares to begin trading in Hong Kong on Dec. 17. © Reuters

YIFAN YU, Nikkei staff writer

PALO ALTO. U.S.-- Plans by Chinese artificial intelligence unicorn SenseTime Group to go public in Hong Kong are in jeopardy after the U.S. added the company to an investment blacklist over allegations that its technologies are used to enable repression of China's Uyghurs.

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