Comment on Weibo’s IPO May Underwhelm, But Don’t Discount Other Chinese Tech Stocks

Weibo’s IPO May Underwhelm, But Don’t Discount Other Chinese Tech Stocks

Weibo, the influential microblogging service owned by Sina, has reportedly raised just $285.6 million in its initial public offering, according to Bloomberg. The service's underwhelming IPO, however, should not be taken as a harbinger of doom for other Chinese tech companies that plan to list soon on U.S. stock exchanges.

 

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