Scalper1 News
Shares of China Web portal Sina (SINA) and microblog spinoff Weibo fell Monday on reports that the companies might face sanctions from the Chinese government. The government has threatened to shut down Sina, one of the country’s most popular news websites, unless it “improves censorship,” according to an AFP story on Monday based on a report from China’s official Xinhua news agency. U.S. shares of Beijing-based Sina stock were down 6% in afternoon Scalper1 News
Scalper1 News