Straits Times Index
3,129.77 -4.89 (-0.16%) S&P 500
4,694.81 +8.06 (+0.17%) Dow
35,717.21 -2.22 (-0.01%) Nasdaq
15,761.40 +74.48 (+0.47%) BTC-USD
50,437.56 -509.29 (-1.00%) CMC Crypto 200
1,314.93 +9.81 (+0.75%)
Weibo Corporation (WB)
| Previous close | 33.48 |
| Open | 32.51 |
| Bid | 33.03 x 1100 |
| Ask | 33.05 x 800 |
| Day's range | 30.83 - 33.44 |
| 52-week range | 30.38 - 64.70 |
| Volume | |
| Avg. volume | 1,213,257 |
| Market cap | 7.582B |
| Beta (5Y monthly) | 1.04 |
| PE ratio (TTM) | 22.18 |
| EPS (TTM) | 1.49 |
| Earnings date | 11 Nov 2021 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 58.86 |
- Reuters
Weibo shares close down 7.2% in Hong Kong debut
Chinese social media giant Weibo Corp's shares closed 7.2% below their issue price in Hong Kong on Wednesday, as it became the latest U.S.-listed China stock to seek out a secondary listing closer to home. The Hong Kong debut was in line with a fall in Weibo's primary listing in New York after a torrid week for U.S.-listed China shares, which are facing greater U.S. regulatory scrutiny and also under pressure from Chinese authorities. Weibo, which raised $385 million for its Hong Kong listing, opened at $256.20 and closed at HK$253.2 after a volatile debut session.
- Investing.com
Didi Soars on Speculation of Favorable NYSE Delisting Terms
ADRs of ride-hailing giant Didi Global (NYSE:DIDI) climbed more than 13% in Friday’s premarket after it revealed its plans to delist from the New York Stock Exchange, a move aimed at placating Chinese regulators. "Following careful research, the company will immediately start delisting on the New York stock exchange and start preparations for listing in Hong Kong," Didi said on the Weibo (NASDAQ:WB) micro-blogging site, according to Reuters. Didi listed on the NYSE on June 30, ignoring the advice of the authorities in China that it delay its public debut, pending scrutiny of its data handling practices.
