Chinese AI startup SenseTime's shares dropped over 50% to HK$2.90 ($0.37), their lowest-ever level and well below IPO price, after a lock-up period expired (Cheng Leng/Financial Times)

By Petra Löwer on June 30, 2022

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Cheng Leng / Financial Times:

Chinese AI startup SenseTime’s shares dropped over 50% to HK$2.90 ($0.37), their lowest-ever level and well below IPO price, after a lock-up period expired — China’s most valuable AI company has been blacklisted by Washington over its facial recognition technology

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