HONG KONG : Chinese artificial intelligence startup SenseTime Group is discussing the fate of its planned US$767 million Hong Kong initial public offering with the city's stock exchange on Friday, two people with direct knowledge of the matter said.
The move comes after the Financial Times reported on Thursday that the United States will put the company on an investment blacklist on Friday.Spokespersons at SenseTime and the Hong Kong Stock Exchange did not immediately respond to Reuters' requests for comment.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jimmy Lai among three Hong Kong activists convicted over Tiananmen vigilHONG KONG: Jailed Hong Kong media mogul Jimmy Lai was among three democracy campaigners convicted on Thursday (Dec 9) for taking part in a banned Tiananmen vigil as the prosecution of multiple activists came to a conclusion. Lai, the 74-year-old owner of the now-shuttered pro-democracy Apple Daily new Justice is done. FREE JIMMY!!
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US to put Chinese firm SenseTime on investment blacklist ahead of IPO - FTThe United States will on Friday put Chinese artificial intelligence company SenseTime on an investment blacklist, the same day it prices its Hong Kong initial public offering (IPO), the Financial Times reported, citing three people familiar with the decision. (Reporting by Sonia Cheema; Editing by
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Software maker HashiCorp raises US$1.2 billion in US IPO -sourceCloud software vendor HashiCorp sold shares in its initial public offering (IPO) on Wednesday, above its target range to raise US$1.2 billion, a person familiar with the matter said.HashiCorp priced 15 million shares at US$80 per share, the source said. The company had planned to sell shares at US$68 to U
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China's Kaisa kicks off US$12-billion debt restructuring after missing pay date -sourceHONG KONG : Chinese property developer Kaisa Group Holdings Ltd has started work on restructuring its offshore debt worth US$12 billion, a source with direct knowledge of the matter said on Thursday, after missing a bond payment deadline this week.Kaisa, China's largest holder of offshore debt among devel
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: BusinessTimes - 🏆 15. / 51 Read more »
Source: BusinessTimes - 🏆 15. / 51 Read more »