HONG KONG, Dec 30 — Asian stocks were mostly flat today in cautious holiday trade following a mixed close on Wall Street, though Chinese artificial intelligence start-up SenseTime was a big winner with a 23 per cent jump on its Hong Kong debut.
But investors have also clung to data showing a reduced risk of hospitalisation from Omicron, and the fact that trading volumes are extremely low in the period between Christmas and the New Year. The sale boosted the wealth of company co-founder Tang Xiao’ou. The MIT alum’s wealth jumped by US$500 million to roughly US$3.9 billion, according to the Bloomberg Billionaires Index.
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