HONG KONG -- Shares of artificial intelligence developer SenseTime Group leaped 33.2% in Hong Kong on Friday, leading a final year-end rally for the beaten-down Chinese technology sector.
Chinese tech stocks have sagged dramatically since February, wiping out more than $1 trillion in market value amid Beijing's regulatory crackdown on anticompetitive practices, cross-border online brokers, online health services, offshore initial public offerings and other areas.
