Chinese AI Giant’s Market Value Plunges

NTD Newsroom
By NTD Newsroom
February 4, 2021NTD Evening News
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The market value of a top Chinese artificial intelligence company dropped by about $2 billion within a single day. Experts believe Chinese investors have less confidence in China’s high-tech industry after the U.S. export ban. And this is true even though the companies receive state subsidies.

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