Sina shares the top 72.5 U.S. dollars in Thursday to create a 52-week high

Sina Science and technology news on the evening of August 1, Sina (Nasdaq:sina) rose 2.22% today, then quickly climbed to 72.5 U.S. dollars, up 5.12%, a 52-week new record.

This morning, Sina's Sina Weibo today joined Alibaba Group Taobao released "micro Bo Taobao version" and a series of product features.

Only 3 months after the partnership was announced, the two sides announced their first periodic progress. Based on the user account interoperability, data exchange, the two platforms will simultaneously for hundreds of millions of users and the vast number of sellers to provide a new service experience, accelerate the arrival of social shopping 2.0 times.

Today, PiperJaffray, the US investment bank, Jaffray a study to maintain Sina's "overweight" (overweight) rating, as well as the 75 dollar target share price unchanged. Jaffray that Weibo has more than 6 billion dollars in valuations for the foreseeable future.

Goldman Sachs today released its investment report to maintain the "buy" rating of Sina shares, bringing its target share price from $67 to $69. Goldman Sachs said Sina Weibo's rapid advertising revenue growth, including the successful promotion of the Millet handset, has demonstrated its commercial potential. We expect the microblog 2013 and 2014 fiscal year revenues to grow by 212% and 91% respectively. (Chen Hui)