China’s artificial intelligence start-up SenseTime Group has announced the suspension of its $767 million initial public offering (IPO) in Hong Kong. We take a look at the developments that led to delay in SenseTime stock’s listing.

The China Evergrande debt crisis deepened Thursday as Fitch declared the property giant in default. It must make another 14 bond coupon payments worth almost $1 billion within five months.

China is moving to prevent its companies from being delisted from US stock exchanges. Twenty-five face delisting within six months.