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China’s Weibo cleared for Hong Kong secondary listing -filings

Chinese social media company Weibo Corporation has been approved by the Hong Kong Stock Exchange’s listing committee to sell shares in the city, according to regulatory filings, giving it a secondary listing alongside New York. Weibo not specify how much China’s largest microblogging platform is looking to raise in the secondary listing, nor specify a timetable for the sale. The filings were part of a post-committee hearing information pack published on the Hong Kong Stock Exchange’s website, indicating Weibo had been given approval to press on with the listing.

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