Weibo Corp. saw its shares surge 5.81% in morning trading on Thursday, joining the rally among major Chinese tech stocks following impressive earnings results from industry leaders like Alibaba and Bilibili.

The microblogging service company's stock price jumped as investor optimism swelled around the robust performance of China's internet sector. Alibaba Group reported better-than-expected earnings for the fourth quarter, boosted by growth in its e-commerce and cloud businesses. Video platform Bilibili also posted strong user metrics and revenue gains.

While Weibo itself has not yet released its latest quarterly results, the company is expected to benefit from the positive sentiment surrounding Chinese tech firms. Analysts cite the potential growth opportunities presented by advancements in artificial intelligence as a key driver behind the sector's upswing.