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Stock Market & Financial Investment News

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March 25, 2014
08:03 EDTSINASINA Weibo still highly relevant to Chinese consumers, says JPMorgan
JPMorgan believes that the impact on SINA's Weibo service from Tencent's Weixin bottomed out in 2013 and the firm think's Weibo remains "highly relevant" to Chinese consumers. JPMorgan views Weibo’s spin-off as a near term catalyst for SINA shares and maintains its Overweight rating on the stock.
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