Weibo’s IPO May Underwhelm, But Don’t Discount Other Chinese Tech Stocks
April 17, 2014 at 03:51 AM EDT
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. Read More