Investors in Hong Kong who had already applied to take part in the IPO will receive refunds … In 2019, the company’s Beijing subsidiary was placed on a US entity list, barring it from buying…
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China’s AI giant SenseTime postpones IPO after US blacklisting
SenseTime, one of China’s most valuable AI solution providers, is putting its $767 million public listing on hold, the company said Monday. The announcement came three weeks after the Hong Kong Stock …
G7 concerned about China’s ‘coercive’ economic activities: UK Minister
Hitting out at China’s debt-trap diplomacy, the Group of Seven (G7) foreign ministers expressed concerns about Beijing’s “coercive” economic policies.
‘US, China, N.Korea agree in principle on formal end of Korean War’
Visiting South Korean President Moon Jae-in said Monday that the US, China and North Korea agree in principle on declaring a formal end to the 1950-53 Korean War and Seoul will push to make it…
Attracting Chinese Equity Investment to Your Business
The new December issue of Asia Investment Research (AIR) on attracting Chinese equity investment to your business is online – download your copy now.
Steve Hilton: It should be illegal to do business with China
The Next Revolution’ host slams companies who do business with U.S. economic rival, China, and says there should be a law to prosecute them under ‘economic treason.’ …
Export Commodities Online Fair promotes trade between China’s Hebei and ASEAN
China will boost new forms and models of foreign trade to advance high-quality development of the trade sector, according to a circular issued by the General Office of the State Council on July 9, …
China’s Sensetime to withdraw $767 million Hong Kong IPO after U.S. ban – sources
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 …
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 …
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 …
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