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China’s Twitter-Like Weibo Plans Hong Kong Second Listing

Micro-blogging service seeking listing as soon as this year
Wave of U.S.-listed Chinese firms debuted in Hong Kong in 2020

Watch: Weibo Corp. is said to be planning a second listing in Hong Kong as soon as this year. (Source: Bloomberg)

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By Julia Fioretti and Vinicy Chan

February 18, 2021 at 10:21 AM UTC

Updated on

February 19, 2021 at 12:38 AM UTC

This article is for subscribers only.

Weibo Corp., China’s largest micro-blogging service, is planning a second listing in Hong Kong as soon as this year, people familiar with the matter said, joining a growing cohort of U.S.-traded Chinese firms in seeking a trading foothold in the financial hub.

The Asian nation’s answer to Twitter Inc. is working with advisers on the potential share sale, the people said, asking not to be identified as the information is private.