The company was among eight Chinese tech firms placed on the U.S. entity list in October amid ongoing trade tensions. The United States alleges the companies have 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. "We don't comment on market speculation," a SenseTime spokeswoman said. Hong Kong-headquartered SenseTime, which provides technology-based applications including, facial recognition and video analyzing and autonomous driving, says it is valued at more than $7.5 billion.