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Increase Sina's stock rating from sell to buy

Source: Internet
Author: User
Keywords Higher Citi Sina
Tags alibaba business closed financial higher microblog released sina
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Citigroup released its investment report today, Nasdaq:sina the Sina stock rating from "sell" to "buy".

The report points out that Sina is on the rise in financial terms thanks to its cooperation with Alibaba and the profitability of its microblog business.

Sina's shares closed at $82.90 in Tuesday, up 3% per cent.

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