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China’s Sina Drop Most in a Month as Short Sale Interest Rises

Sina Corp., the owner of China’s third-most visited website and the Twitter-like Weibo service, fell the most in a month in New York trading as short sale interest climbed.

The company’s shares declined 5.8 percent to $106.95 at 11:50 a.m. New York time. They earlier sank 9.1 percent, the biggest intraday slide since June 8.