Shares in Weibo Corp. started buying and selling in Hong Kong on Wednesday, demonstrating the pull of the Asia monetary hub as a substitute venue for Chinese language firms whose shares are already buying and selling within the U.S.
Weibo, which operates a Twitter -like microblogging platform in China, has been listed on the Nasdaq Inventory Market since 2014. It raised the equal of $385 million from its Hong Kong share sale forward of the secondary itemizing.