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China's Weibo Slides as Much as 7.2% in Hong Kong Trading Debut

(Bloomberg) -- Shares of China’s Twitter-like website Weibo Corp. fell in their first day of trading in Hong Kong, signaling continued investor caution toward the internet sector amid Beijing’s market-damping regulatory moves. Weibo traded as low as HK$253.2, a slump of 7.2% versus the HK$272.
New York United States Hong Kong Matthew Kanterman Goldman Sachs Group Inc Credit Suisse Group

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