ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Weibo to reach Hong Kong market as Didi pulls up stakes in U.S.

Squeezed by Beijing and Washington, China tech companies seek new sanctuary

Weibo, which had 573 million monthly active users as of Sept. 30, has lost half its U.S. market value since July.    © Reuters

HONG KONG -- Chinese social network operator Weibo Corp. is set to make its market debut in Hong Kong on Wednesday after raising $177.37 million in its first sale in the city.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more