NEW YORK (AP) -- Shares of Chinese Internet portal Sina Corp. jumped Wednesday as the company's first-quarter profit beat Wall Street expectations and advertising revenue rose. THE SPARK: Sina, which ...
Sina (SINA +7.7%) and subsidiary Weibo (WB +14.2%) have soared after acquisition-hungry Alibaba made a $3.6B offer to buy the 82% of Chinese online video provider Youku it doesn't yet own. The move ...
Weibo late Friday night filed a proposed a $500 million initial public offering. Shares of Sina Corp (NASDAQ: SINA), which owns a 78 percent stake in Weibo, are up a massive 8.6 percent Monday ...
Chinese stocks rallied to a six-month high in New York as better-than-estimated revenue forecasts boosted Internet companies from Sina Corp. to NQ Mobile Inc. The Bloomberg China-US Equity Index of ...