Technology

China's Twitter-like Weibo plans $547 mil Hong Kong listing

China's Twitter-like Weibo plans $547 mil Hong Kong listing

U.S.-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 in Hong Kong over the past two years as the United States has stepped up scrutiny of Chinese companies.

Click here to read more -->
×