Scalper1 News
Sina’s (SINA) Weibo microblogging site lost users in 2013 amid a government crackdown, says a government report that sent China tech stocks lower on Friday. Sina stock was down 6% in midday trading in the stock market today, more than the other China microblog operators traded in the U.S. Sohu.com (SOHU), Baidu (BIDU) and NetEase (NTES) stocks were all down more than 1%. “We believe tight government oversight will stay for the mid to long term,” Scalper1 News
Scalper1 News