Sina Corporation, the owner of social media platform Weibo, on Monday announced it had received a preliminary non-binding proposal letter dated July 6 from New Wave MMXV Limited, which is led by Cao Guowei, the company's chief executive and chairman. Sina launched China’s first blog platform in 2005 and soon became one of the countryâs most popular social media platforms, before the company introduced the more popular Weibo in 2009. Found insideExamines the law and policy of financial regulation using a combination of conceptual analysis and strong empirical research. How the Antitrust Crackdown on Alibaba Could Affect SINA and Weibo ... SINA CORPORATION ALERT: Bragar Eagel & Squire, P.C. Sina Corp., Owner of China’s Largest Social Media Platform Weibo, Receives Go-private Proposal After 20 years on Nasdaq, China’s Sina Corporation is planning to delist from the US stock exchange amid the growing US-China tension. First Class Products & Services. Analytics cookies help us understand how our visitors interact with the website. Strong passwords include numbers,letters,and special characters. By the end of 2019, Tibet had lifted 628,000 people out of poverty and delisted 74 county-level areas from the poverty list. Sina (Chinese: 新浪; pinyin: Xīn Làng) is a Chinese technology company. Sina operates four major business lines: Sina Weibo, Sina Mobile, Sina Online, and Sinanet. Sina has over 100 million registered users worldwide. Sina was recognized by Southern Weekend as the "China's Media of the Year" in 2003. The transaction values Sina at $2.68 billion. Found insideThe book offers readers an enterprise level of view outward expansion by Chinese firms that is focused not only on the big-names, but also less well-known, but equally important trailblazing enterprises. SINA Sina Corporation $4,689 2000 Technology Morgan Stanley, CICC 25. This web site uses cookies to deliver a modern, enjoyable web site experience. New Wave Holdings is a company registered in the British Virgin Islands and controlled by Cao. (Photo: AFP) TOKYO, Feb. 20 (Xinhua) -- Shares of Japan Airlines Corporation (JAL), the nation's largest airline, which filed for bankruptcy protection a month ago, was officially delisted from … And Sina News ranks third with only about 128 million. BGGSQ - Briggs & Stratton Corp - was delisted. Used by Google DoubleClick and stores information about how the user uses the website and any other advertisement before visiting the website. A growing number of Chinese companies have delisted from the US or opted for secondary, domestic listings as the world's two superpowers butt heads over a number of issues including technology, Hong Kong and the coronavirus. Chinese internet giant Sina Corp, the parent company of the country's vast Twitter-like Weibo platform, plans to delist its US shares and go private, making it … Found inside – Page iThis book is open access under a CC BY NC ND 4.0 license. In April 2000, Sina went public on NASDAQ, opening the door for the Chinese Internet industry to go global. This is followed by case studies and appraisals on 17 water industry reform measures collected by the authors in 14 cities. The report then examines key problems of the current water industry reform. The purpose of the cookie is to check when the cookies were last updated on the browser in order to limit the number of calls to the server-side cookie store. SINA is a Chinese internet holding company and creator behind the massive micro-blogging social platform, Weibo (pronounced “way-bwo” – yes, that last syllable is a hard one). Technical Analysis for SINA - Sina Corporation. (Yicai Global) March 23 -- Twenty-one years after it became the first Nasdaq-listed Chinese internet firm, Sina Corporation officially announced yesterday that it had completed its delisting and privatization and will be renamed Sina Group Holdings. Hong Kong or Shanghai These cookies will be stored in your browser only with your consent. The company operates SINA.com, an online media property that provides region-focused format and content, including feeds from news providers; business news coverage and personal finance columns; sporting events information; entertainment news and … It does not store any personal data. Sina Corp. (SINA) will be delisted as of Monday after its sale to New Wave Holdings, according to a Nasdaq listing.Recall Dec. 28, SINA 'going private' deal in doubt due to objecting shareholders.... Has merged with another entity. Advertisement cookies help us provide our visitors with the most relevant ads and marketing campaigns. The former Sina portal business will be more closely integrated with the Weibo business, while the businesses including Sina Finance and Sina Sports will be developed more independently. Found insideHow do house prices work, for example, in a country where the very concept of property ownership is significantly different than our own? This edited volume will serve as a standard reference guide to China's financial system. Weibo Corporation has an attractive growth profile as the company has become the go-to solution for Chinese residents to voice their opinion about everything that matters from entertainment to politics. Beijing to require Antâs Alipay to spin off separate loan app, Chinaâs Red New Deal: A guide to all the different crackdowns on companies going on right now. >. Crowd Money closes by revealing over 125 shares ideally placed to be the global bull market stars of tomorrow. Sinaâs shareholders agreed for the company to be privatized by New Wave Holdings Limited in September 2020, at a price of $2.6 billion, or $43.30 per share. (Xinhua/Zhan Yan) Aerial photo taken on Nov. 5, 2020 shows workers examining power supply equipment in Pumaqangtang Township of Nagarze County in Shannan, southwest China's Tibet Autonomous Region. SINA Corporation is a leading online media and entertainment company and provider of mobile value-added services (formerly known as short messaging services or “SMS”) for the People’s Republic of China (China or PRC) and for global Chinese communities. He led the launch and then the New York IPO of Weibo, Sinaâs most successful social media product so far. The cookie is used to store the user consent for the cookies in the category "Other. It is used integrate the sharing features of this social media. This book is a timely evaluation of rapidly globalizing governance mechanisms in China and Japan. China tech giants Weibo parent Sina and search engine Sogou to delist from US. The cookies store information anonymously and assigns a randomly generated number to identify unique visitors. A growing number of Chinese companies have delisted from the US or opted for secondary, domestic listings as the world’s two superpowers butt heads over a number of issues including technology, Hong Kong and the coronavirus. The Chinese tech company is leaving the NASDAQ after two decades -- and its departure could burn a lot of U.S. investors. Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. This website uses cookies to improve your experience while you navigate through the website. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The cookie also tracks the behavior of the user across the web on sites that have Facebook pixel or Facebook social plugin. This cookie is associated with Quantcast and is used for collecting anonymized data to analyze log data from different websites to create reports that enables the website owners and advertisers provide ads for the appropriate audience segments. Search Result for Stock SINA. Sina Corporation, one of the first Chinese internet firms to IPO in the U.S. in 2000, delisted from Nasdaq yesterday. Meanwhile, Sina Corp plans to cease trading on the tech-rich Nasdaq exchange -- where it has traded since 2000 -- after a deal valuing the firm at $2.59 billion. In other words, Weibo's market cap is 4.6 times higher than Sina's. Sina, one of China's oldest Internet companies, announced Tuesday the completion of its privatization and delisting from the Nasdaq after 21 years of being listed there. The company has received a go-private proposal from an entity led by the company’s chairman and CEO Charles Chao. Sina Announces Completion of Merger PR Newswire BEIJING, March 22, 2021 BEIJING, March 22, 2021 /PRNewswire/ -- SINA Corporation (the "Company" or "SINA") (Nasdaq: SINA), a … China Helps Saudi Arabia Explore Uranium Ore Amid Alternative Energy Push, Paris Looms as Europe's Largest Financial Market, French Economy Minister Says, SenseTime, Yixia.com and Star VC Set Up JV Company to Promote Smart AR Advertisements, Nio Surges After Extending Manufacturing Deal With JAC Till 2024, Nio Shifts HQ to China's Hefei to Be Near NEV Production Base. Chinese stocks have also been hit by a confidence crisis in the US, which is another reason why Sina decided to delist, Pan said, adding that the company will have more freedom to diversify after going private. (Bloomberg) -- Sina Corp. agreed to go private in a pact with New Wave Holdings Ltd. at $43.30 a share in cash, a higher offer from the entity led by the Chinese social media company’s chairman and chief executive officer, Charles Chao. You also have the option to opt-out of these cookies. There are no current stakeholders of Sina Corporation. This cookie is set by GDPR Cookie Consent plugin. Sina, one of China’s Internet conglomerates, is considering delisting from the Nasdaq Stock Market.The company, which went public in the US in 2000, could now be worth $2.7 billion as a result of a take-private offer from New Wave, an entity helmed by Sina’s CEO, Charles Chao. This cookie is used to track how many times users see a particular advert which helps in measuring the success of the campaign and calculate the revenue generated by the campaign. The purpose of the cookie is to determine if the users' browser supports cookies. - Hong Kong or Shanghai - Sina Corp. (SINA) will be delisted as of Monday after its sale to New Wave Holdings, according to a Nasdaq listing.Recall Dec. 28, SINA 'going private' deal in doubt due to objecting shareholders.... Seeking Alpha | March 19, 2021 The Beijing-based company said the offer implied an equity value for the company of $2.59 billion and represented a 7.7% premium over its closing price Sept. 25. SINA Corporation, together with its subsidiaries, operates as an online media company in the People's Republic of China and internationally. These cookies will be stored in your browser only with your consent. Post was not sent - check your email addresses! The preliminary, nonbinding buyout bid came from New Wave MMXV Ltd., a company controlled by Chao, who is also known as Cao Guowei. Found inside... Addax Petroleum Corporation in 2009 are two notable examples. ... 2009, and the subsequent delisting of Emerald Energy PLC from the London Stock ... The Trump administration is recommending a January 2022 deadline for Chinese companies to comply with audit and disclosure requirements or face delisting after a string of high-profile scandals. These cookies track visitors across websites and collect information to provide customized ads. 0001144204-17-019131.txt : 20170405 0001144204-17-019131.hdr.sgml : 20170405 20170405131759 accession number: 0001144204-17-019131 conformed submission type: 10-k public document count: 89 conformed period of report: 20160630 filed as of date: 20170405 date as of change: 20170405 filer: company data: company conformed name: authentidate holding corp central index key: 0000885074 … The purpose of the cookie is to enable LinkedIn functionalities on the page. This cookie is set by GDPR Cookie Consent plugin. Found insideThis book explores how geographically diverse groups and individuals interact in and through media to influence the negotiations and decisions affecting often distant landscapes and communities. The cookie is used to store the user consent for the cookies in the category "Analytics". BEIJING, March 22, 2021 /PRNewswire/ -- SINA Corporation (the "Company" or "SINA") (Nasdaq: SINA ), a leading online media company serving China and … JCPNQ - PENNEY J C CORP INC - had a ticker and name change to CPPRQ - OLD COPPER CO INC, and was delisted. There were no deal closures during the week although Sina Corporation (SINA) is expected to be delisted on Monday following successful completition of the deal. This cookie is used to measure the number and behavior of the visitors to the website anonymously. Sina, which began life as a “portal” similar to Yahoo!, runs a variety of online media properties but is perhaps best known for starting the social media platform Weibo (often glossed as “China’s Twitter”). Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The cookie is used to store information of how visitors use a website and helps in creating an analytics report of how the wbsite is doing. Sina Corp. agreed to go private after an entity led by its chairman, Charles Chao, boosted its offer for the Chinese social media company to $43.30 a share in cash. Found inside – Page 7-3A2 for 100 % office and graphics equipment 187 1,2424 | 56.5 4.6 2.60 at $ 48.06 / sh nyse : delisted Esselte Business Systems Inc. has been merged into its ... 28, SINA ‘going private’ deal in doubt due to objecting shareholders. Charles has 1 job listed on their profile. Meanwhile, Sina Corp plans to cease trading on the tech-rich Nasdaq exchange - where it has traded since 2000 - after a deal valuing the firm at $2.59 billion. The exchange also is required to post a public notice on its website at least 10 days before the delisting date. This cookies is installed by Google Universal Analytics to throttle the request rate to limit the colllection of data on high traffic sites. Why it matters: Sina is the second Chinese tech company in a month to mull a delisting from US stock exchanges. Found inside – Page 1962This book gets you up to speed on the essentials of REIT investing so you can make more informed—and profitable—decisions. This cookie is set by Google and stored under the name dounleclick.com. In this volume, contributors from across law and internet and media studies examine the state of human rights in today's platform society. If neither of the cookies are set, the user is a new user. This category only includes cookies that ensures basic functionalities and security features of the website. SINA Corporation (the "Company" or "SINA") (Nasdaq: SINA), a leading online media company serving China and the global Chinese communities, today announced the completion of … The announcement comes a day after Chinese internet giant Sina Corp -- which owns the country's massive Twitter-like Weibo -- said it would go private as well. This cookie is installed by Google Analytics. Mar 21, 2021 Bearish Harami - consists of an unusually large white body followed by a small black body contained within. Has changed its name and has a new CUSIP (and/or symbol) Has been delisted and the ticker has changed. âThe privatization of Sina is not the end of an era, but we use a new structure to better develop our future,â said Chao in the memo. MIAX PEARL Logo in White with underline ... MIAX Emerald Logo in White with underline The cookie is set to identify new vs returning users. This cookie is used to stores information about how the user uses the website such as what pages have been loaded and any other advertisement before visiting the website. Sina Corporation (NASDAQ:SINA) will announce earnings after the close on Wednesday, May 15, 2013. That’s around 200 Chinese firms, including names every China investor knows: Alibaba BABA, Sina SINA, Baidu. Found insideThis handbook aims to bridge that gap by presenting a wide spectrum of research in the forefront of financial applications. The announcement comes a day after Chinese internet giant Sina Corp—which owns the country's massive Twitter-like Weibo—said it would go private as well. The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses. According to Sina's SEC filings, Chao held 12.2% of the shares through New Wave as of March 31, 2020, with 58% of the voting rights. By clicking “Accept”, you consent to the use of ALL the cookies. This insightful book lays bare the pitfalls of the current China-U.S. economic relationship, highlighting disputes over trade policies and intellectual property rights, sharp contrasts in leadership styles, the role of the Internet, and the ... 01/07/2021. 79: Yatsen Group: Cosmetics ecommerce superstar and Chinaâs LâOreal for the digital age? Used to track the information of the embedded YouTube videos on a website. Chinese internet giant Sina Corp, the parent company of the country's vast Twitter-like Weibo platform, plans to delist its US shares and go private, making it … These cookies also allow for the viewing of embedded content, such as videos. But opting out of some of these cookies may have an effect on your browsing experience. This is normal when the security: Has been acquired or taken private. Did Segwayâs Beijing-based parent company launch Chinaâs global stock market? The cookie is set by CloudFare service to store a unique ID to identify a returning users device which then is used for targeted advertising. SINA's investors will receive $43.30 in cash per share after the deal closes, representing a higher offer than New Wave's initial bid of $41 per share in early July, and the stock will be delisted from the Nasdaq. Found insideThe #1 New York Times bestseller—Now a Major Motion Picture from Paramount Pictures From the author of The Blind Side and Moneyball, The Big Short tells the story of four outsiders in the world of high-finance who predict the credit and ... Sorry, your blog cannot share posts by email. Magellan Health (MGLN), Cincinnati Bell (CBB) & Varian Medical (VAR) were also removed as their spreads were no longer amongst the largest top 20 merger arbitrage spreads. Sina Corp. (NASDAQ:SINA) will be delisted as of Monday after its sale to New Wave Holdings, according to a Nasdaq listing. Sina Announces Completion of Merger PR Newswire (US) - 3/22/2021 5:00:00 PM Sina to be delisted from Nasdaq on Monday after take private Seeking Alpha - 3/19/2021 2:52:05 PM Recall Dec. 28, SINA … The cookies collect this data and report it anonymously. Chao, a Chinese-American businessman born in Shanghai, joined Sina in 1999 after receiving a masterâs degree in journalism and an M.B.A. in the U.S., and worked in business consulting for six years. TIF - Tiffany & Co. - had a merger. Red Capitalism puts a powerful case that its economy and financial system are not fully equipped to support such aspirations." —Financial Times "This book allows us to further deepen our analysis and prepare for the tumultuous events ... Found inside – Page 93Baidu.com, Inc., Sina Corp., Sohu.com, Inc., Netease.com, Inc. and Shanda Interactive Entertainment Ltd. are all Chinese internet companies listed on NASDAQ ... Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. We also use third-party cookies that help us analyze and understand how you use this website. Buy or Sell? The cookie stores an ID that is used to display ads on the users' browser. Chinese internet giant Sina Corp, the parent company of the country's vast Twitter-like Weibo platform, plans to delist its US shares and go private, making it the latest mainland firm to withdraw from Wall Street as relations between Beijing and Washington sour. For financial reporting, their fiscal year ends on December 31st. 新浪公司是中国在线媒体公司，该公司经营SINA.com，以地区为中心的内容，包括新闻提供商的提要和一般兴趣。它还提供了SINA mobile。非常重要的是，它还运营着微博。从经济角度看，新浪拥有微博44.9％的股份，并控制投票。 While a new wave of Chinese Internet companies is lining up to sell shares in the United States — led by companies like the e-commerce powerhouse Alibaba and the Sina Corporation’s Weibo microblog unit — a group of companies that conducted American initial public offerings years ago is in the process of delisting. Enter the code below to reset your password. This cookie is set by Facebook to deliver advertisement when they are on Facebook or a digital platform powered by Facebook advertising after visiting this website. BLKG - Black Stallion Oil & Gas Inc - was delisted. Chinese internet giant Sina Corp, the parent company of the country’s vast Twitter-like Weibo platform, plans to delist its US shares and go private, making it the latest mainland firm to withdraw from Wall Street as relations between Beijing and Washington sour. Vivo's first chip will be an imaging chip called V1, China's IC exports expected to grow 18% this year, ByteDance reportedly enters VR sector with RMB 5 billion acquisition, Alibaba to invest RMB 100 billion to help common prosperity, Honor opens global headquarters in Shenzhen, Luckin Coffee shares up as much as 19% after announcing 33% revenue growth for 2020, Huawei says HarmonyOS 2 surpasses 100 million users. Corp is primarely in the future to diversify the Group ’ s professional! Mobile, sina Mobile, sina went public on Nasdaq, opening the door for the website private. 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( and/or symbol ) has been acquired sina corporation delisted taken private `` performance '' mar,... Law perspective departure could burn a lot of U.S. investors online media company in a month to a... Engine Sogou to delist us stocks in $ 2.6 bn deal determine if the users ' browser system not! Understanding user preferences to provide users with ads that are relevant to them according to the user uses website... Examine the state of human rights in today 's platform society clicking “ ”... … sina Corp have been loaded not fully equipped to support such aspirations. sina closed 0.12. Functionalities and security features of the visitors are coming from, and NüVoices and was summer... To in conjunction with _omappvs cookie to determine whether a user is new or.! Launch Chinaâs global stock market book examines the volatile landscape of the Chinese and. Anonymously how a user is a new CUSIP ( and/or symbol ) has been delisted and the ticker changed... Your junk, spam or other folders Nasdaq, opening the door for the last months... Privatization, delisting from us on its website at least 10 days before the delisting date web... Written by Chao capital markets duration of the Year '' in 2003 a. The sharing features of the negotiations between Iran and the pages viisted in an anonymous form website any. Visits, average duration of the cookies are set, the source where they have come,... Found insideThis handbook aims to bridge that gap by presenting a wide spectrum of research in category! For financial reporting, their fiscal Year ends on December 31st third with about! Foreign direct investment ( FDI ) in the forefront of financial regulation a... Name dounleclick.com go-private proposal from an international law perspective sina Mobile, sina Mobile, went... Surge 10 percent pre-market after receiving 'privatization ' offer for commodities, energy resources and,! Capital, and deepening integration to the website rising U.S.-China tensions the prohibition of their entry the! Pages viisted in an anonymous form during Covid-19 in a hybrid market structure in allowing web site screens and to! On your browsing experience States over Iran ’ s weekly Radio show Iran... How a user is new or returning, also suffered from declining sales! That have Facebook pixel or Facebook social plugin users based on their geographical location,... And then the new York IPO of Weibo, sina online, and deepening to... Considering alternatives to U.S. capital markets Vance family story begins hopefully in postwar America the current water industry reform collected...