Stock Track | Weibo Soars 5.11% as Chinese Tech Rally Lifts Internet Stocks

Stock Track

02-21

Weibo Corp.'s stock soared 5.11% in intraday trading on Friday, outperforming the broader market, as the Chinese social media platform benefited from a surge in investor enthusiasm for the country's technology and internet sectors.

The rally in Weibo's shares was part of a broader advance in U.S.-listed Chinese stocks, fueled by upbeat earnings reports from leading companies like Alibaba Group Holding Ltd. and growing optimism surrounding China's artificial intelligence industry.

Other Chinese tech giants, including e-commerce firms Alibaba, JD.com, and PDD Holdings, as well as gaming companies Bilibili and NetEase, also witnessed significant gains. The positive sentiment spread across various sectors, lifting electric vehicle makers like Li Auto, Nio, and Xpeng, as well as online education providers and brokerages.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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