Another Chinese Internet Name to Watch

This morning's news that Alibaba was investing in Sina's (SINA) Weibo service (their version of Twitter) caught many people off guard. It shouldn't have.

Sina's Weibo service is still massively popular with over 200 million users. It had been outshone lately, however, by Tencent's WeChat growth, which recently got to 300 million users after being at zero a little over a couple of years ago. What this meant is that either Sina's portal business was being undervalued with Sina's stock at $3.3 billion or Sina's Weibo service had virtually lost all its value. Alibaba apparently thought so because they just bought an 18% stake in Weibo, valuing it at $3.3 billion. Because of the apparent disconnect in pricing by Wall Street, Sina's shares are up this morning by 15%....324 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.