Hong Kong hit by third straight weak IPO as AI player Mobvoi disappoints

HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on Wednesday and saw its stock promptly drop more than 20% during midday trading, marking the exchange's third dismal listing this week. The company's shares opened at 2.98 Hong Kong dollars, well below the offer…#hongkong #hangseng
Source: Reuters: Health - Category: Consumer Health News Source Type: news