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Sina (SINA +4.4%) is rallying, apparently on a report the company will announce a partnership...

Sina (SINA +4.4%) is rallying, apparently on a report the company will announce a partnership next week with Chinese Android OEM Xiaomi. The tie-up is said to possibly involve Sina's Meyou messaging service and Xiaomi's Miliao, with the goal of taking on messaging giant Tencent's (TCEHY.PK) WeChat. Sina took off last month on a rumor about an Alibaba investment, but no deal arrived.
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