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2021-08-28
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China's SenseTime prepares for Hong Kong IPO despite tech regulations and U.S blacklist<blockquote>尽管受到科技法规和美国黑名单,中国商汤科技仍准备在香港IPO</blockquote>
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The U.S. alleges the companies played a role in human rights abuses against Muslim minority groups in China.</p><p><blockquote>由于北京和华盛顿之间的贸易紧张局势,2019年被列入美国实体名单。美国指控这些公司在侵犯中国穆斯林少数民族人权的行为中发挥了作用。</blockquote></p><p> SenseTime said at the time that it strongly opposed the U.S. ban and would work with relevant authorities to resolve the situation. </p><p><blockquote>商汤科技当时表示,强烈反对美国的禁令,并将与有关部门合作解决这一情况。</blockquote></p><p> In the filings it said: \"If our subsidiary remains on the Entity List on a prolonged basis, we may not be able to compete effectively in certain business lines, and our business, results of operations and financial condition could be materially and adversely affected.\"</p><p><blockquote>该公司在文件中表示:“如果我们的子公司长期留在实体名单上,我们可能无法在某些业务领域进行有效竞争,我们的业务、经营业绩和财务状况可能会受到重大不利影响。”</blockquote></p><p> SenseTime had considered listing on the tech-focused STAR Market in Shanghai, but shifted to Hong Kong as its application for STAR was progressing slowly, Reuters has previously reported </p><p><blockquote>据路透社此前报道,商汤科技曾考虑在以科技为重点的上海科创板上市,但由于科创板申请进展缓慢,商汤科技转向香港</blockquote></p><p> SenseTime has not identified when it will list but applications to the Hong Kong Stock Exchange typically take three to four months from its first filings. </p><p><blockquote>商汤科技尚未确定何时上市,但向香港联交所提交的申请通常需要三到四个月的时间。</blockquote></p><p> (Reporting by Scott Murdoch in Hong Kong; Editing by Michael Perry)</p><p><blockquote>(斯科特·默多克香港报道;迈克尔·佩里编辑)</blockquote></p><p>((Scott.Murdoch@thomsonreuters.com;))</p><p><blockquote>((Scott.Murdoch@thomsonreuters.com;))</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's SenseTime prepares for Hong Kong IPO despite tech regulations and U.S blacklist<blockquote>尽管受到科技法规和美国黑名单,中国商汤科技仍准备在香港IPO</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's SenseTime prepares for Hong Kong IPO despite tech regulations and U.S blacklist<blockquote>尽管受到科技法规和美国黑名单,中国商汤科技仍准备在香港IPO</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2021-08-28 10:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><body>By Scott Murdoch</p><p><blockquote><html><body>斯科特·默多克</body></html></blockquote></p><p> HONG KONG, Aug 28 (Reuters) - China's artificial intelligence start up SenseTime Group has identified the mainland's tightening technology regulatory regime as a key risk for investors in its proposed Hong Kong initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a>, according to its filings.</p><p><blockquote>路透香港8月28日电-中国人工智能初创企业商汤科技集团(SenseTime Group)认为内地收紧科技监管制度是其在香港首次公开募股期间投资者面临的主要风险<a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a>,根据其文件。</blockquote></p><p> SenseTime, which is also blacklisted in the U.S, lodged its preliminary filings Friday with the Hong Kong Exchange and Clearing Ltd, operator of the city's stock exchange.</p><p><blockquote>商汤科技也在美国被列入黑名单,周五向香港证券交易所运营商香港交易及结算所有限公司提交了初步文件。</blockquote></p><p> It did not identify a raising size but Reuters reported on Aug 19 the firm is aiming to raise up to $2 billion.</p><p><blockquote>该公司没有透露融资规模,但路透社8月19日报道称,该公司的目标是融资至多20亿美元。</blockquote></p><p> SenseTime declined to comment on the size of the deal.</p><p><blockquote>商汤科技拒绝就交易规模置评。</blockquote></p><p> The company provides technology-based applications including, facial recognition and video analysing and autonomous driving.</p><p><blockquote>该公司提供基于技术的应用程序,包括面部识别、视频分析和自动驾驶。</blockquote></p><p> In the filings, SenseTime said China's changing regulations, especially towards sensitive data handling, could impact its business but it was unable to quantify the effects of the new rules.</p><p><blockquote>商汤科技在文件中表示,中国不断变化的法规,尤其是敏感数据处理方面的法规,可能会影响其业务,但无法量化新规则的影响。</blockquote></p><p> \"We cannot predict the impact of the draft measures, if any, at this stage, and we will closely monitor and assess any development in the rule-making process ... it remains uncertain whether the proposed measures will be applicable to our business,\" it said.</p><p><blockquote>“现阶段我们无法预测措施草案的影响(如果有的话),我们将密切监控和评估规则制定过程中的任何进展……目前尚不确定拟议措施是否适用于我们的业务,”它说。</blockquote></p><p> China announced on Aug 20 new rules </p><p><blockquote>中国于8月20日宣布新规则</blockquote></p><p>governing the better storage of users data which has instructed companies not to mismanage or misuse the data.</p><p><blockquote>管理用户数据的更好存储,指示公司不要管理不善或滥用数据。</blockquote></p><p> SenseTime was among eight Chinese tech companies </p><p><blockquote>商汤科技是八家中国科技公司之一</blockquote></p><p>placed on the U.S. Entity List in 2019 amid trade tensions between Beijing and Washington. The U.S. alleges the companies played a role in human rights abuses against Muslim minority groups in China.</p><p><blockquote>由于北京和华盛顿之间的贸易紧张局势,2019年被列入美国实体名单。美国指控这些公司在侵犯中国穆斯林少数民族人权的行为中发挥了作用。</blockquote></p><p> SenseTime said at the time that it strongly opposed the U.S. ban and would work with relevant authorities to resolve the situation. </p><p><blockquote>商汤科技当时表示,强烈反对美国的禁令,并将与有关部门合作解决这一情况。</blockquote></p><p> In the filings it said: \"If our subsidiary remains on the Entity List on a prolonged basis, we may not be able to compete effectively in certain business lines, and our business, results of operations and financial condition could be materially and adversely affected.\"</p><p><blockquote>该公司在文件中表示:“如果我们的子公司长期留在实体名单上,我们可能无法在某些业务领域进行有效竞争,我们的业务、经营业绩和财务状况可能会受到重大不利影响。”</blockquote></p><p> SenseTime had considered listing on the tech-focused STAR Market in Shanghai, but shifted to Hong Kong as its application for STAR was progressing slowly, Reuters has previously reported </p><p><blockquote>据路透社此前报道,商汤科技曾考虑在以科技为重点的上海科创板上市,但由于科创板申请进展缓慢,商汤科技转向香港</blockquote></p><p> SenseTime has not identified when it will list but applications to the Hong Kong Stock Exchange typically take three to four months from its first filings. </p><p><blockquote>商汤科技尚未确定何时上市,但向香港联交所提交的申请通常需要三到四个月的时间。</blockquote></p><p> (Reporting by Scott Murdoch in Hong Kong; Editing by Michael Perry)</p><p><blockquote>(斯科特·默多克香港报道;迈克尔·佩里编辑)</blockquote></p><p>((Scott.Murdoch@thomsonreuters.com;))</p><p><blockquote>((Scott.Murdoch@thomsonreuters.com;))</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00388":"香港交易所"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162123073","content_text":"By Scott Murdoch HONG KONG, Aug 28 (Reuters) - China's artificial intelligence start up SenseTime Group has identified the mainland's tightening technology regulatory regime as a key risk for investors in its proposed Hong Kong initial public offering $(IPO.UK)$, according to its filings. SenseTime, which is also blacklisted in the U.S, lodged its preliminary filings Friday with the Hong Kong Exchange and Clearing Ltd, operator of the city's stock exchange. It did not identify a raising size but Reuters reported on Aug 19 the firm is aiming to raise up to $2 billion. SenseTime declined to comment on the size of the deal. The company provides technology-based applications including, facial recognition and video analysing and autonomous driving. In the filings, SenseTime said China's changing regulations, especially towards sensitive data handling, could impact its business but it was unable to quantify the effects of the new rules. \"We cannot predict the impact of the draft measures, if any, at this stage, and we will closely monitor and assess any development in the rule-making process ... it remains uncertain whether the proposed measures will be applicable to our business,\" it said. China announced on Aug 20 new rules governing the better storage of users data which has instructed companies not to mismanage or misuse the data. SenseTime was among eight Chinese tech companies placed on the U.S. Entity List in 2019 amid trade tensions between Beijing and Washington. The U.S. alleges the companies played a role in human rights abuses against Muslim minority groups in China. SenseTime said at the time that it strongly opposed the U.S. ban and would work with relevant authorities to resolve the situation. In the filings it said: \"If our subsidiary remains on the Entity List on a prolonged basis, we may not be able to compete effectively in certain business lines, and our business, results of operations and financial condition could be materially and adversely affected.\" SenseTime had considered listing on the tech-focused STAR Market in Shanghai, but shifted to Hong Kong as its application for STAR was progressing slowly, Reuters has previously reported SenseTime has not identified when it will list but applications to the Hong Kong Stock Exchange typically take three to four months from its first filings. (Reporting by Scott Murdoch in Hong Kong; Editing by Michael Perry)((Scott.Murdoch@thomsonreuters.com;))","news_type":1,"symbols_score_info":{"00388":0.9}},"isVote":1,"tweetType":1,"viewCount":719,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/813969281"}
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