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)

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