{"id":28883,"date":"2021-12-06T05:35:43","date_gmt":"2021-12-06T05:35:43","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=28883"},"modified":"2021-12-06T05:35:43","modified_gmt":"2021-12-06T05:35:43","slug":"sensetime-shrinks-hong-kong-ipo-size-by-62-per-cent-to-us768-million-as-chinese-tech-sell-off-undermines-valuation","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=28883","title":{"rendered":"SenseTime shrinks Hong Kong IPO size by 62 per cent to US$768 million, as Chinese tech sell-off undermines valuation"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostSenseTime, China\u2019s largest artificial intelligence (AI) firm, is trimming its stock offering in Hong Kong by more than half, as sentiment on technology stocks has soured amid a sell-off triggered by regulatory and privacy concerns.The Hong Kong-based unicorn plans to raise as much as HK$5.99 billion (US$768 million) by selling 1.5 billion shares at HK$3.85 to HK$3.99 each, according to a term sheet seen by the Post. The company was earlier aiming for about US$2 billion in proceeds.The global\u2026<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3158603\/sensetime-shrinks-hong-kong-ipo-size-62-cent-us768-million?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostSenseTime, China\u2019s largest artificial intelligence (AI) firm, is trimming its stock offering in Hong Kong by more than half, as sentiment on technology stocks&hellip; <\/p>\n","protected":false},"author":0,"featured_media":28884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/28883"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28883"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/28883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/28884"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28883"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}