The Chinese internet media leader threw cold water on its 2019 outlook today.
News & Analysis: Sina
SINA earnings call for the period ending March 31, 2019.
Macro headwinds will temper the Chinese web media leader's ad sales later this year.
SINA suspends its news and blog platforms for a month in response to complaints about fake news and pornography.
Shares have lost roughly a third of their value over the last year due to weakening ad demand and slowing growth for a key subsidiary.
A weak portal business and fintech headwinds are overshadowing the growth of Weibo and its online ads.
SINA earnings call for the period ending December 31, 2018.
The Chinese internet media leader delivered impressive fourth-quarter results, but cautioned investors looking to the new year.
The three Chinese tech leaders jumped along with the broader market to end the week. But there's more to it than that.
However, the Chinese internet tech leader followed by reducing its full-year guidance.