SenseTime Group to raise $767.7m in Hong Kong IPO, says Caixin
By Ma Si |
chinadaily.com.cn |
Updated: 2021-12-06 11:33
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Chinese mainland artificial intelligence company SenseTime Group aims to raise about HK$5.985 billion ($767.7 million) in its initial public offering in Hong Kong, financial media outlet Caixin reported.
The company plans to sell 1.5 billion primary shares within a price range of HK$3.85 to HK$3.99 per share each, the term sheet Caixin obtained said.
SenseTime had no comment on the deal's launch.
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