Chinese artificial intelligence start-up SenseTime Group will withdraw its $767 million Hong Kong initial public offering (IPO) on Monday and update its prospectus, two sources told Reuters, after …
Featured Posts Title
‘Everything Japanese is canceled’: Concerts in Beijing gets abruptly canceled as Japan-China ties take hit
National Games draw to a close in Shenzhen
Shenzhen Expressway Co Announces Director Resignation and Committee Restructuring
China war over Taiwan would trigger global financial crisis
Japan’s Leader Gets Off to Rocky Start With China
3 Chinese nationals charged with smuggling Nvidia, HP chips to China
Beijing’s point man on Hong Kong affairs meets HSBC CEO Georges Elhedery
Recent Posts
China’s Sensetime to withdraw $767 million Hong Kong IPO after U.S. ban – sources
SenseTime may delay HK IPO after US investment blacklisting
China’s top AI firm SenseTime may postpone its Hong Kong IPO after the US added it to an investment blacklist, Reuters reported on Friday. Last Friday, the US Treasury Department placed SenseTime on a …
SenseTime Plans to Proceed With Hong Kong IPO Despite Sanctions
Chinese artificial intelligence firm SenseTime Group Inc. is working with its advisers to update its Hong Kong initial public offering prospectus in hopes of proceeding with the planned listing, …
After Nicaragua flips, US sanctions seen pushing Central America towards China
WASHINGTON: A creeping barrage of US sanctions on top Central American officials has made China an attractive partner for governments resisting Washington’s push to tackle corruption and democratic …
South Korea Breaks With U.S. on Boycott of Beijing Olympics
South Korea broke from its U.S. ally and won’t be joining the American-led diplomatic boycott of the Beijing Winter Olympics, citing a need for China’s help in denuclearization on the Korean Peninsula …
Need China’s “Constructive Efforts”: South Korea Says No Beijing Olympic Boycott
South Korea’s president on Monday ruled out joining a US diplomatic boycott of the 2022 Winter Olympics in Beijing, citing the need to work with China.
China’s accession to WTO seen as exemplary
This development pattern is aligned with China’s durable line and/or objective of transforming itself from being an export-and investment-led economy to a demand-and innovation-driven one. Such a …
SenseTime will halt US$768 million IPO in Hong Kong after US blacklists AI firm on human rights grounds
China’s largest AI firm is poised to announce the postponement of its IPO in Hong Kong after the US barred American investors from owning shares in the firm Washington DC blacklisted SenseTime over …
China’s Sensetime to withdraw $767 million Hong Kong IPO – sources
Chinese artificial intelligence start-up SenseTime Group will withdraw its $767 million Hong Kong initial public offering (IPO) on Monday after it was placed on a U.S. investment blacklist, three …
1st LD-Writethru: Chinese mainland reports 80 locally transmitted COVID-19 cases
The Chinese mainland on Sunday reported 80 new locally transmitted COVID-19 cases, the National Health Commission said in its daily report on Monday. Of the new local cases, 74 were reported in …
Some companies suspend production in Zhejiang, as China’s Covid-19 cases rise
More than a dozen Chinese listed companies have said they had suspended production in coronavirus-hit parts of China’s eastern Zhejiang province in response to local government’s Covid-19 curbs.
Private Equity Firms Plan Cuts in China to Escape Property Woes
Private equity investors are cooling on China, pulling back from real estate amid mounting troubles at some of the nation’s biggest developers and with many also planning to cut bets on start-ups.
China Stock Market May Reverse Friday’s Losses
The China stock market on Friday ended the three-day winning streak in which it had gathered almost 85 points or 2.4 percent. The Shanghai Composite Index now rests just above the 3,665-point plateau …
