The responsible person of Weibo stated that the privatization of the Weibo was “untrue”. Weibo's pre-market gains fell back.

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The responsible person of Weibo stated that the privatization of the Weibo was “untrue”. Weibo's pre-market gains fell back.

Tiger Newspress2021-07-06

Weibo(NASDAQ:WB)is paring some of its gains, nowup 12%, after Bloomberg reported that a report that Weibo is going private is "not true."
Earlier, Weibo gained more than 40% on a Reuters report that the company's chairman Charles Chao and a Chinese state investor are in talks to take the Twitter-like company private in a deal for at least $20B.
The Weibo chairman and state investor are expected to offer $90-$100/share for the company, according to aReuters report, which cited sources familiar. Chao's holding company New Wave is the largest holder of Weibo, which had a 45% stake as of February.
New Wave is joining up with an unidentified Shanghai-based state firm for a consortium for a take private deal for Weibo, according to the report.
A take private of Weibo would let the company's second largest holder Alibaba(NYSE:BABA)and top customer exit its investment.

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Comment（28）

bernicee
·2021-07-07
please like ?
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Marcngky
·2021-07-06
Ahahh
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1
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- Marcngky:
  Su
  2021-07-06
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JasC
·2021-07-06
Like and comment pls
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1
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bhahab
·2021-07-06
Ok
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5
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3nn
·2021-07-06
So many people got fooled! Time to short it ?
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- bhahab:
  ok
  2021-07-06
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IreneCQ
·2021-07-06
Lol.
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3
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milliongal
·2021-07-06
Ok
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4
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WjsdSGTi
·2021-07-06
?
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2
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- WjsdSGTi:
  Yes
  2021-07-06
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Sam51
·2021-07-06
Pls like and comment tq
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2
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AngelFang
·2021-07-06
Good night
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4
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suetyee
·2021-07-06
Oppps....
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wangwang93
·2021-07-06
Please like and comment
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3
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- AngelFang:
  haha
  2021-07-06
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Weineng
·2021-07-06
Like and comment thx
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kaiserben
·2021-07-06
like pls
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- Weineng:
  ok
  2021-07-06
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kirchwee
·2021-07-06
What's going on?
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3
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stonks
·2021-07-06
LOL nice juke
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Man15
·2021-07-06
Tell me your opinion about this news...
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Nicholeswong
·2021-07-06
Like
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- Man15:
  ?
  2021-07-06
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brianyen
·2021-07-06
Comment and like pls
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- SRT:
  Quick way
  2021-07-06
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Weibo's pre-market gains fell back.\n</h2>\n\n<h4 class=\"meta\">\n\n2021-07-06 20:33 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Weibo(NASDAQ:WB)is paring some of its gains, nowup 12%, after Bloomberg reported that a report that Weibo is going private is \"not true.\"\nEarlier, Weibo gained more than 40% on a Reuters report that ...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WB","symbol_name":"微博","start_time":0,"source_url":null,"article_id":"1112451709","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112451709","pubTimestamp":1625574805,"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Weibo(NASDAQ:WB)is paring some of its gains, nowup 12%, after Bloomberg reported that a report that ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WB":"微博"},"translate_title":"微博有关负责人表示，微博私有化是“不真实的”。微博盘前涨幅回落。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WB":0.9},"content_text":"Weibo(NASDAQ:WB)is paring some of its gains, nowup 12%, after Bloomberg reported that a report that Weibo is going private is \"not true.\"\nEarlier, Weibo gained more than 40% on a Reuters report that the company's chairman Charles Chao and a Chinese state investor are in talks to take the Twitter-like company private in a deal for at least $20B.\nThe Weibo chairman and state investor are expected to offer $90-$100/share for the company, according to aReuters report, which cited sources familiar. 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Time to short it ?","listText":"So many people got fooled! Time to short it ?","text":"So many people got fooled! Time to short it ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157898482","repostId":1112451709,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5138304,"gmtCreate":1625576800083,"gmtModify":1663230600447,"authorId":3581814406562580,"author":{"id":3581814406562580,"idStr":"3581814406562580","authorId":3581814406562580,"name":"bhahab","avatar":"https://static.tigerbbs.com/da94be6bbb6d4ccc736167ee40fdfe71","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157898482,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":157893362,"gmtCreate":1625576404656,"gmtModify":1703744097682,"author":{"id":"3572963681970248","authorId":"3572963681970248","name":"IreneCQ","avatar":"https://community-static.tradeup.com/news/4f6169df16c4194b906e5826253aa1b1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572963681970248","authorIdStr":"3572963681970248"},"htmlText":"Lol.&nbsp;","listText":"Lol.&nbsp;","text":"Lol.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157893362","repostId":1112451709,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157805791,"gmtCreate":1625576149713,"gmtModify":1703744091618,"author":{"id":"3567414666000785","authorId":"3567414666000785","name":"milliongal","avatar":"https://static.tigerbbs.com/6f6257a8cb1bd34fdce9908d40caf540","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3567414666000785","authorIdStr":"3567414666000785"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157805791","repostId":1112451709,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157802032,"gmtCreate":1625576001426,"gmtModify":1703744089148,"author":{"id":"3576295596635298","authorId":"3576295596635298","name":"WjsdSGTi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576295596635298","authorIdStr":"3576295596635298"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157802032","repostId":1112451709,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5138207,"gmtCreate":1625576017458,"gmtModify":1635235910956,"authorId":3576295596635298,"author":{"id":3576295596635298,"idStr":"3576295596635298","authorId":3576295596635298,"name":"WjsdSGTi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157802032,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":157808436,"gmtCreate":1625575947725,"gmtModify":1703744087009,"author":{"id":"3575283853399181","authorId":"3575283853399181","name":"Sam51","avatar":"https://static.tigerbbs.com/8b7c690f292ee78cc886542bf68de05a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575283853399181","authorIdStr":"3575283853399181"},"htmlText":"Pls like and comment tq&nbsp;","listText":"Pls like and comment tq&nbsp;","text":"Pls like and comment tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157808436","repostId":1112451709,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157803694,"gmtCreate":1625575816518,"gmtModify":1703744084071,"author":{"id":"3575957444191428","authorId":"3575957444191428","name":"AngelFang","avatar":"https://static.tigerbbs.com/1bcf4932e01688693d640f06c376e449","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575957444191428","authorIdStr":"3575957444191428"},"htmlText":"Good night","listText":"Good night","text":"Good 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