It is reported that Microsoft intends to increase its share price of Sina by 4%

April 14 Beijing time news: according to foreign media reports, due to industry rumors that Microsoft intends to acquire the Chinese portal website Sina, Sina's share price rose by nearly 4% on Monday.

Multiple organizations and media quoted sources as saying that Microsoft intends to acquire Sina, but neither TheFlyOnTheWall.com nor Wedge Partners, a research institution, has more details. On that day, Sina rose 3.94% to close at $28.25. Sina's current market value is about $1.5 billion.

Neither Microsoft nor Sina confirmed the above message. Last year, Microsoft said it would invest $1 billion in the Chinese market.

Microsoft has a Chinese version of MSN website in China, but most of the channels are labeled with other professional websites. In addition to Windows Live Messenger and Hotmail, there are many users in China, and its "msnchin.com" is obviously difficult to gain a foothold in the portal market monopolized by four portals in China. (