Tue. Sep 26th, 2023

SenseTime Group shares jumped as much as 23% from their IPO price as they debuted on the Hong Kong Stock Exchange. The Chinese artificial intelligence start-up raised $740 million in its initial public offering and priced its shares at HK$3.85 ($0.4937) each. Some analysts had expected SenseTime shares to struggle on debut due to the relative weak demand during the IPO process.

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *