Mobvoi, a Google-backed Chinese smartwatch and AI company, fell as much as 22% in its first day of trading, after raising $41M in its Hong Kong IPO (Filipe Pacheco/Bloomberg)

Filipe Pacheco / Bloomberg:

Mobvoi, a Google-backed Chinese smartwatch and AI company, fell as much as 22% in its first day of trading, after raising $41M in its Hong Kong IPO  —  - Mobvoi drops as much as 22% in first day of trading after IPO  — It's the city's third stock this week to drop in opening day


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