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19 April, 2014

SINA Weibo, China's answer to Twitter, debuted on the Nasdaq exchange with a 19.1 per cent jump despite an IPO that went out undersubscribed and lower priced than hoped. In a spate of buying that suggested that Wall Street's waters are still welcoming to loss-making technology high flyers, and to Chinese firms as well

http://www.theaustralian.com.au/business/world/sina-weibos-strong-debut-is-good-news-for-alibabas-ipo/story-e6frg90o-1226888953483