FTAI is up +138.36% since Oct ’23 pick Unlock All Top Buy Picks

Weibo moves higher on pricing 11M shares in global offering

01:30pm, Thursday, 02'nd Dec 2021 Seeking Alpha

Weibo Announces Pricing of Global Offering

12:30pm, Thursday, 02'nd Dec 2021 PR Newswire Asia (English)
BEIJING , Dec. 2, 2021 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB), a leading social media platform in China , today announced the pricing of the global offering (the "Global Offering") of an aggregate of 11,000,000 Class A ordinary shares of the Company. Weibo is offering 5,500,000 Class A ordinary shares of the Company (the "New Shares") and Sina Corporation (the "Selling Shareholder") is offering 5,500,000 Class A ordinary shares of the Company, which are to be converted from the same number of Class B ordinary shares of the Company prior to the listing of Weibo''s Class A ordinary shares on the Hong Kong Stock Exchange as defined below (the "Sale Shares," and together with New Shares, the "Offer Shares"). The Global Offering comprises of a Hong Kong public offering (the "Hong Kong Public Offering") and an international offering (the "International Offering"). The final offer price for both the International Offering and the Hong Kong Public Offering (the "Offer Price") has been set as HK$272.80 per Offer Share.
Pei Li / Bloomberg : Sources: Weibo and its shareholder Sina plan to price its Hong Kong second listing at HK$272.80 (~$35), seeking to raise around HK$3B ($385M) - U.S.-listed Chinese firm, holder selling 11 million shares Offering comes as China cracks down on VIE structures

Why Are Weibo Shares Trading Higher Premarket?

08:33am, Thursday, 02'nd Dec 2021
Weibo Corp (NASDAQ: WB) and selling shareholder Sina Corp priced the Twitter Inc (NYSE: TWTR)-like website's Hong Kong second listing at HK$272.80 each. The offer price implies a 2.8% discount to D

Weibo (WB) Stock: Why The Price Fell

05:17am, Tuesday, 30'th Nov 2021
The stock price of Weibo Corp (NASDAQ: WB) fell by 7.43% in the most recent trading session. This is why it happened.The stock price of Weibo Corp (NASDAQ: WB) fell by 7.43% in the most recent trading

Dimension 7000 | More details of MediaTeks 5 nm chipset leak

09:20pm, Monday, 29'th Nov 2021 Kenyan News
The Dimensity 7000, MediaTeks first 5nm chipset, is getting closer and closer to the official announcement. New details about the processor were revealed by the Chinese leaker Digital Chat Station this Monday (29). According to the publication on the social network Weibo, the chip will be manufactured using the Taiwanese TSMCs 5 nm process. Highlighted, [] Source: Dimension 7000 | More details of MediaTeks 5 nm chipset leak

Twitter CEO Jack Dorsey to step down, Parag Agrawal to be successor

05:23pm, Monday, 29'th Nov 2021 Business Recorder
Twitter Inc Chief Executive Officer Jack Dorsey will step down from his role and Chief Technology Officer Parag Agrawal will become his successor, Twitter announced on Monday. Dorsey''s departure marks the end of his second CEO stint at the social networking site, and he leaves at a time when Twitter has made headlines for its renewed pace of product launches after years of criticism that the site had fallen behind larger rivals like Facebook and new social media apps such as TikTok in innovation. Despite the quickened pace of new features, shares of Twitter have slumped in recent months, adding pressure on Dorsey to end his unusual arrangement of being CEO of two companies. Dorsey is stepping down now because he feels confident about his successor, and will focus on his payments processing firm Square Inc and other pursuits such as philanthropy, a source familiar with the matter told Reuters. China''s Twitter-like Weibo plans $547mn Hong Kong listing The company''s board has been preparing for Dorsey''s departure since last year, the source said.

The mystery of Peng Shuai

04:00pm, Monday, 29'th Nov 2021 Newsroom New Zealand
The mysterious disappearance of Peng Shuai and her unconvincing ''reappearance'' - has sparked unprecedented high level commentary The disappearance of Peng Shuai is one of the biggest and most mysterious sports stories in the world at the moment. Today on The Detail , Emile Donovan speaks to Newstalk ZB sports news director and tennis commentator Matt Brown to separate the facts as we know them from the speculation; what this bizarre situation could mean for the future of womens tennis; and whether this could be a watershed moment in how sports organisations deal with the intersection of sport and politics. Here is what we know: on November 3, Peng Shuai posted a message on the Chinese social media site Weibo. It outlined a sporadic relationship shed had over a 10-year period with a senior Communist Party official, Zhang Gaoli, who is married and 40 years her senior. In this message, she details a complicated, fraught relationship which unfolded over more than a decade, which Zhangs wife supposedly knew about.
BEIJING: US-listed Chinese microblogging platform Weibo is seeking to raise up to $547 million in a share offer in Hong Kong, documents showed on Monday, the latest China tech company to list closer to home as tensions with the United States rise. Several US-listed Chinese tech firms such as Alibaba have held initial public offerings in [] The post Chinas Twitter-like Weibo plans $547 million Hong Kong listing appeared first on BOL News .

OPPO''s First Foldable Smartphone Could Feature 3 Displays

10:03am, Monday, 29'th Nov 2021 Android Headlines
According to the latest report, OPPOs first foldable smartphone could end up featuring 3 displays. That is a bit surprising, as we were expecting to see two of them. OPPOs very first foldable smartphone may include 3 displays So, whats going on? According to a tipster from Weibo, Arsenal, this smartphone will feature 3 displays. [] Read More... The post OPPO''s First Foldable Smartphone Could Feature 3 Displays appeared first on Android Headlines .

Chinas Twitter-like Weibo plans $547 mn Hong Kong listing

07:05am, Monday, 29'th Nov 2021 Capital FM Kenya
Beijing, China, Nov 29- US-listed Chinese microblogging platform Weibo is seeking to raise up to $547 million in a share offer in Hong Kong, documents showed Monday, the latest China tech company to list closer to home as tensions with the United States rise. Several US-listed Chinese tech firms such as Alibaba have held initial public offerings []

Nokia 105, Named The Worlds Top Classic Mobile Phone

06:24am, Monday, 29'th Nov 2021 Brand Spur Nigeria
Nokia Mobile official Weibo announced that its product, Nokia 105, has won the worlds largest shipment of classic mobile phones from January to September 2021. The Nokia Nokia 105 series currently on sale includes a 2G version and a 4G version. The prices of these smartphones are ($20) and ($36), respectively. Nokia 105 is made of []
Chinese Twitter-like platform Weibo announced plans to sell 11 million shares globally through its IPO in Hong Kong, including 5.5 million new shares and 5.5 million sales shares. The post Weibo Launches Global Offering of 11 Million Shares, No Higher Than $49.75 Per Share appeared first on Pandaily .

The Weibo Corporation (NASDAQ: WB) Metrics You Need To Know Right Now

05:00pm, Saturday, 27'th Nov 2021 Stocks Register
Weibo Corporation (NASDAQ:WB) shares, rose in value on Friday, 11/26/21, with the stock price down by -0.56% to the previous days close as strong demand from buyers drove the stock to $42.79. Actively observing the price movement in the last trading, the stock closed the session at $43.03, falling within a range of $41.59 and The Weibo Corporation (NASDAQ: WB) Metrics You Need To Know Right Now Read More »
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE