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2021-11-19
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Chinese social media company Weibo Corporation has been approved by th","content":"<p>HONG KONG, Nov 19 (Reuters) - Chinese social media company Weibo Corporation has been approved by the Hong Kong Stock Exchange's listing committee to sell shares in the city, according to regulatory filings, giving it a secondary listing alongside New York.</p>\n<p>Weibo not specify how much China's largest microblogging platform is looking to raise in the secondary listing, nor specify a timetable for the sale.</p>\n<p>The filings were part of a post-committee hearing information pack published on the Hong Kong Stock Exchange's website, indicating Weibo had been given approval to press on with the listing.</p>\n<p>Sources have previously told Reuters the deal would be worth about $700 million</p>\n<p>The final size of the deal though has yet to be determined, according to two people with direct knowledge of the matter, who declined to be named as they were not permitted to speak to media.</p>\n<p>Weibo declined to comment.</p>\n<p>Its New York-listed stock is up 1.88% for 2021 to date, and it has a market capitalisation of $9.5 billion. In February, when Reuters reported the appointment of banks to work on the Hong Kong listing, Weibo was worth $13.2 billion.</p>\n<p>Chinese e-commerce giant Alibaba Group holds 7.14% of the New York stock.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Weibo cleared for Hong Kong secondary listing -filings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Weibo cleared for Hong Kong secondary listing -filings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-11-19 14:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG, Nov 19 (Reuters) - Chinese social media company Weibo Corporation has been approved by the Hong Kong Stock Exchange's listing committee to sell shares in the city, according to regulatory filings, giving it a secondary listing alongside New York.</p>\n<p>Weibo not specify how much China's largest microblogging platform is looking to raise in the secondary listing, nor specify a timetable for the sale.</p>\n<p>The filings were part of a post-committee hearing information pack published on the Hong Kong Stock Exchange's website, indicating Weibo had been given approval to press on with the listing.</p>\n<p>Sources have previously told Reuters the deal would be worth about $700 million</p>\n<p>The final size of the deal though has yet to be determined, according to two people with direct knowledge of the matter, who declined to be named as they were not permitted to speak to media.</p>\n<p>Weibo declined to comment.</p>\n<p>Its New York-listed stock is up 1.88% for 2021 to date, and it has a market capitalisation of $9.5 billion. In February, when Reuters reported the appointment of banks to work on the Hong Kong listing, Weibo was worth $13.2 billion.</p>\n<p>Chinese e-commerce giant Alibaba Group holds 7.14% of the New York stock.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WB":"微博","BK4508":"社交媒体","BK4531":"中概回港概念","BK4502":"阿里概念","BK4513":"直播概念","BK4077":"互动媒体与服务","09988":"阿里巴巴-SW","BK4526":"热门中概股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184816089","content_text":"HONG KONG, Nov 19 (Reuters) - Chinese social media company Weibo Corporation has been approved by the Hong Kong Stock Exchange's listing committee to sell shares in the city, according to regulatory filings, giving it a secondary listing alongside New York.\nWeibo not specify how much China's largest microblogging platform is looking to raise in the secondary listing, nor specify a timetable for the sale.\nThe filings were part of a post-committee hearing information pack published on the Hong Kong Stock Exchange's website, indicating Weibo had been given approval to press on with the listing.\nSources have previously told Reuters the deal would be worth about $700 million\nThe final size of the deal though has yet to be determined, according to two people with direct knowledge of the matter, who declined to be named as they were not permitted to speak to media.\nWeibo declined to comment.\nIts New York-listed stock is up 1.88% for 2021 to date, and it has a market capitalisation of $9.5 billion. In February, when Reuters reported the appointment of banks to work on the Hong Kong listing, Weibo was worth $13.2 billion.\nChinese e-commerce giant Alibaba Group holds 7.14% of the New York stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}
