Is SenseTime Stock Publicly Trading? What we know about the IPO

The artificial intelligence company has gone public in Hong Kong after being blacklisted by US investors due to alleged connections with human rights abuses in China.

Start comparing

SenseTime Group has gone public in Hong Kong. The company was blacklisted after allegations broke that it was connected to human rights abuses against primarily-Muslim ethnic minorities in Northwestern China. Here’s what we know about the IPO.

What we know about the SenseTime IPO

On January 21, 2022, China-based artificial intelligence company, SenseTime Group Inc. went public on the Stock Exchange of Hong Kong (HKG). The company sold around 1.5 billion stocks, raising approximately $740 million (down from its original goal of $2 billion). The proposed stock price was HK$3.85.

The IPO was briefly postponed in December after the US Treasury placed SenseTime on an investment blacklist for allegedly committing human rights abuses against the Uyghur people in the Xinjiang region of Northwestern China.

The Chinese government has been accused of targeting the Uyghur, who are primarily Muslim, with the intent of forcefully obstructing their religious practices.

US authorities accused SenseTime of developing recognition programmes that can identify the ethnicity of targets. The company has denied these claims, stating that it does not do business in Xinjiang and did not know its technology was being used there.

Open a trading account to buy and sell stocks online

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6
Product CAFST Finder Score Available Asset Types Account Types Stock Trading Fee Account Fee Offer
Interactive Brokers
Interactive Brokers logo
Finder Score
9.2 Excellent
Stocks, Bonds, Options, Index Funds, ETFs, Currencies, Futures
RRSP, TFSA, Personal, Joint
min $1.00, max 0.5%
$0
Go to siteView details
CIBC Investor's Edge
CIBC logo
Finder Score
8.7 Great
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint
$6.95
$0 if conditions met, or $100
Get 100 free trades when you open a CIBC Investor’s Edge account using promo code EDGE2425. Plus, get $200 or more cash back. Valid until March 31, 2025.
Go to siteView details
Moomoo Financial Canada
Moomoo logo
Finder Score
8.9 Great
Stocks, Options, ETFs
RRSP, TFSA, Personal
$0.014/stock
$0
Enjoy a 6% cash rebate, plus $2,200 in trading perks.
Go to siteView details
RBC Direct Investing
RBC Direct Investing logo
Finder Score
8.5 Great
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, Business
$6.95 - $9.95
$0 if conditions met, otherwise $25/quarter
Go to siteView details
Questrade
Questrade logo
Finder Score
8.9 Great
Stocks, Bonds, Options, Mutual Funds, ETFs, Forex, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal
$4.95 - $9.95
$0
Go to siteView details
Qtrade Direct Investing
Qtrade logo
Finder Score
8.6 Great
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
RRSP, RESP, RRIF, TFSA, Personal, Joint
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Get 1% cashback or more, a $150 sign-up bonus & unlimited free trades until April 30th, 2025.
Go to siteView details
loading

Finder Score for stock trading platforms

To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.

Read the full methodology

Online stock trading
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades. Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for the product on the provider's website.

More on investing

More resources on Finder

More guides on Finder

Go to site