Weibo Corporation Stock News

Weibo shares drop 9% as regulator fines its operator On Tuesday, Chinese social networking Weibo shares (listed in Hong Kong) fell more than 9%. This happened as regulators fined its operator three million yuan, equal to $471,152. China’s Cyberspace Administration declared on its official WeChat account that they fined the operator BJ Weimeng Innovation and […] The post Weibo shares drop 9% as regulator fines its operator appeared first on FinanceBrokerage .

Internet watchdog says company published "illegal" information

SHANGHAI (Reuters) – Chinese social media platform Weibo Corp has been slapped with a 3 million yuan ($470,000) fine by China’s internet regulator for repeatedly publishing illegal information.

Shares of Chinese social networking giant Weibo tumbled more than 9% on Tuesday, as its operator was fined three million yuan ($471,151) by regulators.

Chinese social media platform Weibo Corp has been slapped with a 3 million yuan ($470,000) fine by China's internet regulator for repeatedly publishing illegal information.

The trading price of Weibo Corporation (NASDAQ:WB) closed higher on Friday, December 10, closing at $31.65, 0.41% higher than its previous close. >> 7 Top Picks for the Post-Pandemic Economy

Weibo Co. (NASDAQ:WB) has received an average recommendation of Buy from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated []

Weibo Co. (NASDAQ:WB) shares gapped down prior to trading on Wednesday after The Goldman Sachs Group lowered their price target on the stock from $54.00 to $44.50. The stock had previously closed at $33.48, but opened at $32.53. The Goldman Sachs Group currently has a neutral rating on the stock. Weibo shares last traded at []

Weibo (NASDAQ:WB) had its price objective lowered by stock analysts at The Goldman Sachs Group from $54.00 to $44.50 in a research note issued to investors on Wednesday, The Fly reports. The firm presently has a neutral rating on the information services providers stock. The Goldman Sachs Groups price target indicates a potential upside of []

HONG KONG, Dec 9, 2021 (ACN Newswire) On December 8, 2021, Weibo officially The post Weibo Secondary Listing in Hong Kong, Investors Optimistic about Its Investment Value first appeared on IT Business Net .

China''s Weibo slips on Hong Kong debut Macau Business

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Shares of Weibo open 6% lower in Hong Kong On Wednesday, the Chinese social media platform Weibo shares opened 6% lower in Hong Kong in their trading debut. Shares opened at 256.21 Hong Kong dollars ($32.86) compared to an offer value of 272.81 Hong Kong dollars ($34.97). At one point, the value dropped as low [] The post Shares of Weibo open 6% lower in Hong Kong appeared first on FinanceBrokerage .

Chinas Twitter-like social media platform Weibo fell during its debut on the Hong Kong stock exchange Wednesday as investors remain wary of tech during Beijings crackdown on the sector. Weibo The post Chinas Weibo falls on Hong Kong debut appeared first on Nigeria''s Top News Site .

Mainland Chinese markets jumped in Asia in afternoon trade on Wednesday. Troubled Chinese real estate developers are back in the spotlight, while Chinese social media giant Weibo had a disappointing market debut in Hong Kong. The Shanghai Composite climbed 1.18% to close at 3,637.57, while the Shenzhen component rose 1.82% to 14,964.46. The CSI 300 index closed 1.5% higher at 4,995.93, while the Chinext composite bounced by about 1.75% to 3,701.93. Hong Kongs Hang Seng