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Sina Corporation (SINA)

  • Nov. 21, 2011, 3:26 PM
    Thanks to both the selloff in risk assets, and Focus Media's (FMCN -45.6%) dive into Muddy Waters (I, II), several Chinese tech ADRs are among the day's worst performers. Among these names are former Muddy Waters target Spreadtrum (SPRD -11.5%), and recent Citron Research target Qihoo 360 (QIHU -9.9%). Also off sharply: SINA -11.1%. YOKU -12.5%. RENN -8.2%.
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  • Nov. 17, 2011, 11:37 AM
    Chinese Internet stocks are selling off, as's (YOKU -19%) weak Q3 report (I, II) offsets better reports (I, II) from (NTES +5%) and Qihoo 360 (QIHU +0.2%). BIDU -3.1%. SINA -3.3%. RENN -3.5%. TUDO -5.4%. SOHU -2.2%. PWRD -5%. GA -2.2%.
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  • Nov. 9, 2011, 12:42 PM
    Sina (SINA -7.9%) dips despite beating Q3 estimates, as its net profit swings to a loss due to heavy write-downs and higher expenses. Gross margin fell to 56% from 60% a year earlier.
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  • Nov. 8, 2011, 4:39 PM
    Sina (SINA): Q3 EPS of $0.26 beats by $0.03. Revenue of $130M (+20% Y/Y) beats by $5M. Shares +0.2% AH. (PR)
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  • Nov. 8, 2011, 12:10 AM
    Notable earnings after Tuesday's close: ATVI, DOX, IGT, MDR, MRX, PAAS, PANL, ROVI, SINA, SVM, TTWO, WTW
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  • Nov. 7, 2011, 1:46 PM
    Sina (SINA +0.9%) is outperforming going into tomorrow's Q3 report, perhaps thanks to bullish comments from Piper. The firm thinks Sina "could post slight upside to Street revenue estimates," given Sohu's (SOHU) Q3 numbers, and (more importantly) expects Sina to report its Weibo user base is still growing at a rapid clip.
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  • 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%.
    | 1 Comment
  • 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.
    | 1 Comment
  • 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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Company Description
SINA Corp is an online media company and MVAS provider in the People's Republic of China and for the Chinese communities.
Sector: Technology
Country: China