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April 17, 2014 11:51 am GMT

Weibos IPO May Underwhelm, But Dont Discount Other Chinese Tech Stocks

Sina Weibo appWeibo, 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

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dxnnslYV48w/

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