This week's $380m Nasdaq IPO of Chinese microblog Weibo (pricing Wednesday night NY time) is a good test of the appetite for Chinese internet stocks - calls...

Anthony Hughes

Thomson Reuters

This week's $380m Nasdaq IPO of Chinese microblog Weibo (pricing Wednesday night NY time) is a good test of the appetite for Chinese internet stocks - calls itself a cultural phenomenon in China but (of course?) is listing in the US. Notably the main competition is WeChat (instant messaging business owned by Tencent), growth slowed last year and then bounced back strangely, government controls an obvious risk, also some negative stories around about the quality of the user base...roadshow is relatively long but here it is... (VIEW LINK)


Anthony Hughes
Anthony Hughes
Senior reporter - Equities
Thomson Reuters

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