Weibo put on notice by SEC for potential delisting from Nasdaq

Social media platform is China's sixth company flagged for nondisclosure

20220324N Weibo Times Square

The Weibo logo appears at the Nasdaq MarketSite in Times Square in celebration of its 2014 initial public offering. © Reuters

NORIYUKI DOI, Nikkei staff writer

SHANGHAI -- The U.S. Securities and Exchange Commission has placed Chinese social media platform Weibo among a group of stocks facing delisting, extending the roster of Chinese companies flagged for failing to meet financial disclosure requirements.

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