** Shares in Chinese artificial intelligence $(AI)$ software developer SenseTime Group Inc were halted from trading, after soaring as much as 36.1% to HK$0.83, their biggest one-day gain since January 2022
** Stock last up 31.2% prior to a trading halt late on Wednesday morning, pending statement which may constitute inside information. It gave no furthe details
** SenseTime hit the highest since March 22; top gainer on Hang Seng Tech Index and Hang Seng Composite Index
** The U.S.-blacklisted firm unveils fifth version of its AI platform, SenseNova 5.0
** SenseTime is one of many racing to develop generative AI
** Hang Seng Tech Index jumps 3.6%, Hang Seng Composite Index rises 2.3% and Hang Seng Index adds 2.3%
** Shares down 31% YTD
(Reporting by Josh Ye and Donny Kwok)
((donny.kwok@thomsonreuters.com))
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