However, SINA still retained a 72% voting stake in Weibo. SINA made those distributions to address complaints that its stock performance didn't reflect its stake in Weibo. Over the past 12 months, shares of Weibo jumped over 140%, …
SINA posted 54% revenue growth and a 92% jump in non-GAAP earnings for fiscal 2017. For 2018, analysts expect its revenue and earnings to rise 37% and 46%,respectively. Those are high growth figures for a stock that trades at just 21 …
Shares of SINA Corp. (NASDAQ: SINA) jumped 65% in 2017, according to data from S&P Global Market Intelligence, as the Chinese internet media leader's quarterly reports consistently exceeded Wall Street's expectations. That's not to …
Nasdaq has agreed to offer Sina Corp, one of China’s largest web portals, real-time last sale data for all securities traded in the US market, eyeing the country’s growing pool of middle class investors who are hungry for asset diversification …
The first publicly listed Chinese social media company on the Nasdaq Stock Market, it recorded a net profit attributable of US$156.6 million, while the net profit per diluted share was US$2.09. Can Guowei, chairman and CEO of Sina, said …
“We are helping to fill the void for investors in China who are hungry for diversification in their portfolios and are seeking opportunities in the U.S. stock market. Our collaboration with Sina enables us to serve this important constituency …
Leading Chinese social media company Weibo Corp (ADR) (NASDAQ:WB) and its parent company, Sina Corp (NASDAQ:SINA), both reported superb third quarter results recently, showing that both companies are continuing to …
Rosy expectations and a reasonable valuation SINA posted 54% revenue growth and a 92% jump in non-GAAP earnings for fiscal 2017. For 2018, analysts expect its revenue and earnings to rise 37% and 46%,respectively. Those are high …
Shares of SINA Corporation (NASDAQ: SINA) fell as much as 11.5% early Tuesday, then partially recovered to trade down 7.3% as of 1:15 p.m. EST despite the Chinese online media company reporting better-than-expected third-quarter …