China Weibo Cleared for Hong Kong Secondary Listing: Deposits

HONG KONG: Chinese social media company Weibo Corporation has been approved by the listing committee of the Hong Kong Stock Exchange to sell city shares, according to regulatory documents, giving it a secondary listing alongside New York .

Weibo did not specify how much China’s largest microblogging platform was looking to increase in the secondary list, nor did it specify a timeline for the sale.…

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