Are there any thoughts about the Weibo IPO - 9898 HK?
Seems today is last day to sign up and I wonder if that's worthwhile or not.
Are there any thoughts about the Weibo IPO - 9898 HK?
Seems today is last day to sign up and I wonder if that's worthwhile or not.
No clue where this is going .. just updating the thread.
https://www.cnbc.com/2021/12/08/weib...ong-debut.htmlHong Kong-listed shares of Weibo opened 6% lower in their trading debut on Wednesday.
Shares opened at 256.20 Hong Kong dollars ($32.85) a piece compared to an offer price of 272.80 Hong Kong dollars ($34.98).
I was tempted because it's well known and very established. Glad I didn't. $251 right now.
https://finance.yahoo.com/quote/9898.HK
Let the beatings continue ..
https://www.cnbc.com/2021/12/14/chin...-tumbling.htmlHong Kong-listed shares of Chinese social networking giant Weibo tumbled more than 9% on Tuesday, as its operator was fined three million yuan ($471,151) by regulators.
The Cyberspace Administration of China said on its official WeChat account that it fined Weibo’s operator BJ Weimeng Innovation and Technology Company because some accounts and content violated relevant laws and regulations.
Did anybody look into their financial statements?
That is no love-story too.
If you experience FOMO, buy! Go for an adventure. It will go up one day.
If you want to invest, do research first.
(Clearly this is no professional financial advise )