WB - Sina: Investment Arm Another Good Reason To Invest
Although it has appreciated slightly in recent months, Sina(SINA) still has an incredibly low valuation despite having an arsenal of incredibly valuable assets. Other than its Weibo stake, which is already worth substantially more than the whole company, Sina also has an investment portfolio worth over $1bil. With Weibo(WB) remaining depressed, we think this the outperformance of this portfolio could be a substantial catalyst to unlock value for Sina shareholders.
Source: seekingalpha
About Sina's investment arm
Sina has a very substantial investment portfolio on its balance sheet, consisting over $2.3bil in