Tech Insider: SenseTime Plunges on Co-Founder’s Death, EV-Maker Nio’s $2.2 Billion Abu Dhabi Cash Boost

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Nio’s booth at the Guangzhou International Automobile Exhibition on Nov. 26. Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

AI Firm SenseTime nose-dives after death of co-founder

SenseTime Group Inc. plunged its most in more than a year after its co-founder’s sudden death spooked investors already grappling with the fallout from slowing growth and U.S. sanctions.

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