SenseTime shares to open up 1.6% in Hong Kong debut By Reuters


© Reuters. FILE PHOTO: The logo of SenseTime is seen at SenseTime office, in Shanghai, China December 13, 2021. REUTERS/Aly Song

(Reuters) – SenseTime Group shares are set to open 1.6% higher from their initial public offering (IPO) price when they debut on the Hong Kong Stock Exchange on Thursday.

The Chinese artificial intelligence (AI) start-up raised $740 million in its IPO and priced its shares at HK$3.85 ($0.4937) each.

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