Technology

SenseTime gets green light from Hong Kong exchange to proceed with US$2 billion IPO, sources say

SenseTime gets green light from Hong Kong exchange to proceed with US$2 billion IPO, sources say

SenseTime has got the green light from the Hong Kong stock exchange to proceed with its flotation, according to people familiar with the transaction, taking the largest artificial intelligence (AI) company in China a step closer to its US$2 billion initial public offering. A launch of the deal before the year-end would put SenseTime – backed by SoftBank Group.

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