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)

// Mobvoi Inc., a Chinese artificial intelligence developer backed by Alphabet Inc.’s Google, finished its first day of trading lower in Hong Kong, marking the third stock debut to flop in the city this week. https://www.techmeme.com/240424/p7 //