SenseTime Shares Fall on News of Death of Billionaire Founder - News Summed Up

SenseTime Shares Fall on News of Death of Billionaire Founder


By Sherry QinSenseTime Group's shares fell sharply on news of the death of its founder and controlling shareholder. SenseTime's investors include China's Mixed-Ownership Reform Fund, SenseTime develops technologies, including facial recognition, image recognition, autonomous driving, with the use of artificial intelligence. Write to Sherry Qin at sherry.qin@wsj.comCorrections & AmplificationsThis article was corrected at 07400 GMT to reflect that SenseTime's investors include China's Mixed-Ownership Reform Fund. SenseTime's investors include China's Mixed-Ownership Reform Fund. "SenseTime Shares Fall on News of Death of Billionaire Founder," at 0253 GMT, incorrectly said that SenseTime is partially state-owned in the second-last paragraph.


Source: Wall Street Journal December 18, 2023 14:56 UTC



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