In the video below Fool portfolio manager Matt Argersinger and managing editor Eric Bleeker discuss tech events across the past week. 

In this segment, the two discuss the impending IPO of SINA's (NASDAQ:SINA) Weibo service. Along with many other stocks in the Chinese Internet space, SINA has seen its stock falter in 2014. Its shares are down 28% so far this year.

The general lack investor enthusiasm for Chinese Internet stocks has dampened hopes for a blockbuster Weibo's IPO, which previously had expectations of being valued at about $8 billion. That's a steep price for a social network that generated just $71.4 million in sales last quarter. Yet, Weibo was also profitable, which stands in contrast to the U.S. site it's most often compared to, Twitter (NYSE:TWTR). It's also still seeing heady growth, advertising revenue was up 163% last quarter. 

Also, depending on what value Weibo IPOs at, parent company SINA could be a steal. The company currently owns about 71% of Weibo, yet itself is only worth $4 billion while having roughly $1.6 billion in net cash. 

To see Eric and Matt's full thoughts on SINA, watch the video below. 

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.