Sina shares rose 5.82% to 84.89 dollars

Sina (NASDAQ Gs:sina) Monday after the launch of the second quarter of 2013 earnings, by the positive earnings, Sina shares rose 5.82% to 84.89 U.S. dollars.

Sina Rose 2.93% to 80.35 U.S. dollars in the normal trading session of the U.S. stock market in Monday, hitting 52-week highs.

Sina announced today its unaudited financial report for the second quarter ended June 30, 2013. Non-US general accounting standards Sina's net revenue in the second quarter was $157.5 million, up 20% from a year earlier; net profit of $14.2 million, up 281% from a year earlier. The market is generally bullish on Sina Weibo.

"I am pleased with Sina's second-quarter results," said Cao Chao, CEO and chairman of Sina. Although China's macroeconomic environment is still uncertain, we are actively expanding advertisers outside our big brand customers and promoting social and mobile advertising and value-added services on the basis of continued growth in micro-blogging, which has enabled Sina to gain high profit growth while investing heavily in the future. ”