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Bloomberg: Alibaba is weighing the sale of Weibo equity and ...

Bloomberg: Alibaba is weighing the sale of Weibo equity and is in discussions with Shanghai Cultural Broadcasting and Film Group, which may acquire Alibaba's entire 30% stake in Weibo. The discussions are still in the early stages and it is uncertain whether a trade will take place.
$Alibaba (BABA.US)$
$BABA-W (09988.HK)$
$Weibo (WB.US)$
$WB-SW (09898.HK)$
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