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Sina Corporation (SINA)

- NASDAQ
  • Nov. 4, 2011, 7:51 AM
    Just as Twitter's ability to act as a real-time information source has made it a thorn in Google's (GOOG) side, Sina's (SINA) Weibo microblogging platform is playing the same role for Baidu (BIDU). The latter is rolling out a Chinese microblog search service, but Sina's unwillingness to join in will limit its usefulness. A Google-Twitter search deal lapsed in July.
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  • Oct. 28, 2011, 8:21 AM
    Baidu (BIDU) is up 8% thanks to its strong Q3 results and Q4 guidance. Baidu attributes its performance to higher spending from major advertising customers; a September home-page revamp could also be helping. Other Chinese Internet stocks are rising in sympathy. SINA +3.2%. SOHU +3.6%. RENN +4.9%.
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  • Oct. 27, 2011, 11:13 AM
    Nomura plans to launch two mutual funds tomorrow that track social networking sites. Though Mito Securities' Yutaka Yoshii thinks stock prices have already factored in the extra interest the funds may generates in names in the space, he also leaves open the "possibility" the launch could push prices higher. Potential holdings: YNDX, BIDU, SINA, YOKU, RENN, LNKD, SOHU.
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  • Oct. 24, 2011, 1:35 PM
    Chinese tech (FXI +5.7%) is among the day's strongest sectors after China's PMI jumps to a five-month high: BIDU +7.5%, SOHU +13.2%, SINA +8.4%, YOKU +8%, QIHU +9%.
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  • Oct. 19, 2011, 11:20 AM
    SINA spikes higher on a video from CCTV in which the state media is commending the Twitter of China, among other things, praising the site's impact on social progress. Shares +5.6%. Translation coming soon!
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  • Oct. 14, 2011, 9:15 AM
    Premarket gainers: CLWR +10%. GOOG +8%. S +8%. OPK +7%. GLUU +7%. HOV +6%. SWKS +6%. ADBE +5%. BIDU +5%. ERIC +5%. GMCR +5%. ALU +5%. COOL +4%. AMR +4%. RFMD +4%. RENN +4%. SOL +4%. TQNT +4%. HAL +4%. WLT +4%. MT +4%. FCX +4%. SINA +3%. AONE +3%. SIRI +3%. UN +3%. ING +3%. NFLX +3%. MU +3%. F +3%.
    Losers: DEPO -24%. NCMI -23%. AVII -4%. MAT -3%.
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  • Oct. 13, 2011, 3:29 PM
    Sina (SINA +17.6%) soars after a senior Chinese government official encourages agencies to "actively" use microblogs for information disclosure, reversing worries over regulatory risk for the owner of the Twitter-like Weibo service in China. Weibo had more than 180M users by the end of June.
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  • Oct. 10, 2011, 3:00 PM
    Barclays' Alicia Yap make a bull case for Chinese Internet stocks, which have been hammered  by macro and regulatory fears. Yap expects Chinese online ad revenues to surge as the gap between the web's share of leisure time and ad spending in China is narrowed. Outperform ratings are given to BIDU, YOKU, SINA, SOHU, CYOU, and NTES.
    | 1 Comment
  • Oct. 7, 2011, 5:21 PM
    Sina (SINA -6.3%) plunged yet again on fears of a government crackdown (I, II) related to its Weibo microblogging platform. The trigger in this instance was a report from a Hong Kong paper claiming new social media regulations will soon be rolled out, possibly including a requirement that users register with their real names.
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  • Sep. 30, 2011, 9:56 AM
    Chinese Internet stocks continue to plummet  following yesterday's reports of DOJ, SEC, and FBI investigations into alleged accounting fraud. BIDU -6.2%. SINA -5.1%. SOHU -6.3%. SNDA -3.7%. YOKU -4.4%. TUDO -8%. RENN -7.5%. MOBI -5.3%. (also)
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  • Sep. 29, 2011, 11:53 AM
    Piper Jaffray comments on the DoJ investigation into Chinese firms, saying the probe likely puts smaller companies like Youku.com (YOKU -12%), Sky-mobi (MOBI -6.7%), and Dangdang (DANG -1.1%) at risk, given they do not have proven track records. The firm says SINA (SINA -8%), and Baidu (BIDU -6%) should be less affected.
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  • Sep. 29, 2011, 11:10 AM
    Baidu (BIDU -9.4%) and Sina (SINA -13.1%) plunge on rumors the DOJ is investigating claims of accounting fraud at the companies. Other Chinese Internet stocks are also getting hit: SOHU -9.4%. YOKU -14.5%. TUDO -5.9%. PWRD -3.8%. SNDA -3.8%.
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  • Sep. 27, 2011, 11:33 AM
    SINA rebounds today, gaining +6.5% after being mentioned positively at Wedge Partners, calling Weibo the new "Facebook of China."
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  • Sep. 27, 2011, 9:00 AM
    Premarket gainers: A +12%. SQNS +12%. YRCW +12%. BRD +7%. DB +7%. MCP +6%. MELA +6%. ING +6%. SD +5%. CTIC +5%. TCK +5%. CS +5%. SLW +5%. CEF +5%. ARMH +4%. EK +5%. GSS +5%. FCX +4%. NBG +4%. STM +4%. HAL +3%. YOKU +3%. SINA +3%. AU +3%. BCS +3%. AKS +3%. MT +3%. AUY +3%. LVS +3%. MOS +3%.
    Losers: WAG -3%.
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  • Sep. 26, 2011, 11:49 AM
    Sina (SINA -8.5%) is adding to last week's losses with another sharp move lower. In addition to ongoing regulatory fears, shares could be affected by news of Tencent's (TCEHY.PK) rival microblogging service beating Sina's service to the punch in offering English-language support. SINA has now fallen 30% since its Sep. 14 close.
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  • Sep. 22, 2011, 1:52 PM
    Chinese Internet stocks, which fell hard on Tuesday due to regulatory fears, are also among today's biggest losers. In addition to the general sellloff in growth stocks, fears of slowing domestic growth are likely playing a role. BIDU -11.3%. SOHU -10.4%. SINA -8.2%. RENN -9.2%. YOKU -10.6%. TUDO -15.1%. PWRD -7.6%.
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Company Description
SINA Corp is an online media company and MVAS provider in the People's Republic of China and for the global Chinese communities.
Sector: Technology
Country: China