Sina (SINA +5%) shares are upgraded to Overweight at J.P. Morgan, which contends a selloff...

|About: Sina Corporation (SINA)|By:, SA News Editor

Sina (SINA +5%) shares are upgraded to Overweight at J.P. Morgan, which contends a selloff prompted by China's new rules requiring users of its Twitter-like Weibo platform to register with their real names is overdone. Weibo had 250M users in November, up from 200M in August, and Sina has started to target ways to monetize the site, the analysis says.