Sensetime (01956) Closes IPO Subscription With HK$172.2 Billion in Margin Financing, 3,934x Oversubscription

According to Smart Finance, AI company Sensetime (01956) concluded its IPO subscription on June 23, 2026, with HK$172.2 billion in margin financing received and an oversubscription ratio of 3,934 times. The company is offering 14.8346 million H shares at HK$60.70 per share, with a minimum investment of HK$12,262.4 per hand (200 shares). Total IPO proceeds are expected to reach approximately HK$900 million. Sensetime is scheduled to commence trading on June 26, 2026, with China International Capital Corporation as sole sponsor.
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