Ali shares micro blog this week will be announced Sina rose 7 32%




Monday stock prices (Tencent technology plan)


technology news (Jin Duo) December 18th Beijing time news, Alibaba’s acquisition of sina micro-blog renewed rumors, this push, Sina shares rose 7.32% Monday.

in the middle of last month, there is news that Alibaba to discuss strategic investment Sina micro-blog, but the two sides did not respond to this. It was rumored that after the stake in Alibaba, the future will account for 15% to 20% of the shares of sina micro-blog independent company, in addition to Sina micro-blog valuation of about $20 to $3 billion.

said the latest news, the current Sina micro-blog cooperation with Alibaba has entered the stage to discuss the details of the contract, the details will be announced this week, but the price is higher than last offer substantially rise, is expected to be 1.5 times the last quotation.

Sina shares all day long high consolidation, closing at $48.65, compared with the previous trading day closing price rose 7.32%. Over the past 52 weeks, Sina shares the lowest dropping to $41.14, the highest hit $80.80.

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