Chinese internet companies SINA (NASDAQ: SINA) and Weibo (NASDAQ: WB) are closely tied to each other. SINA holds a 46% stake in Weibo, deriving 72% of its top line from the Chinese Twitter clone (as Weibo is referred to by some). Not surprisingly, both companies have been stock market darlings over the past year as the growing craze for Weibo's microblogging platform has led to terrific revenue growth for both companies. In fact, these Chinese internet stocks have beaten the NASDAQ 100 Technology Sector hands-down in recent months. 

SINA data by YCharts

Continue reading


Source: Fool.com