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SenseTime Shares Jump in Hong Kong Market Debut

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Shares of SenseTime jumped in their Hong Kong debut, after the Chinese AI company completed a $744 million IPO that had been delayed by tensions between Washington and Beijing

HONG KONG—Shares of SenseTime Group Inc. jumped in their Hong Kong market debut, after the Chinese artificial-intelligence leader completed a $744 million initial public offering that had been delayed by tensions between Washington and Beijing.

SenseTime shares were around 11% above their IPO price at midday in Hong Kong on Thursday, after earlier rising as much as 23%.

 

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