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The Latest Breaking News from Weibo

For Chinese evacuated from Ukraine, safety costs a pretty penny

Chinese nationals fleeing the war-torn country have had bills exceeding $5,000 for charter flights and quarantine.

Al Jazeera

Shanghai separates Covid-positive children from parents

SHANGHAI: Esther Zhao thought she was doing the right thing when she brought her two-and-a-half-year-old daughter to a Shanghai hospital with a fever on March 26.

Bangkok Post

Shanghai separates COVID-positive children from parents in virus fight

Esther Zhao thought she was doing the right thing when she brought her 2-1/2-year-old daughter to a Shanghai hospital with a fever on March 26.

Reuters

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Lavrov Makes First China Visit Since Ukraine War

Russian Foreign Minister Sergei Lavrov arrived in China on Wednesday in his first visit to the key ally since Moscow launched its invasion of Ukraine last month. In a post on its Weibo social media account, the Russian embassy in Beijing confirmed Lavrov had landed in the eastern city of…

Asharq Al-Awsat

Shanghai extends COVID lockdowns, adds nearly 6,000 new cases

Shanghai's COVID-19 lockdown is extended to some western parts of the city earlier than scheduled, as robots with loudspeakers remind millions of people to stay at home.

ABC News

Frustration with Covid response grows in China as daily cases near 5,000

As the Omicron variant takes hold, some say the country’s hardline approach is causing more deaths than the virus itself

The Guardian - AU

SEC Adds Weibo To Its Provisional List Under Holding Foreign Companies Accountable Act

The SEC added the Chinese social media platform Weibo Corp (NASDAQ:WB) to its provisional list of companies identified under the Holding Foreign Companies Accountable Act. The SEC is required to identify public companies that have retained a public accounting firm to issue an audit report where the firm has a branch or office…

Benzinga

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China’s Women ‘Hold Up Half the Sky’

Entrenched gender inequality and the heavy hand of censors can no longer silence female voices in China.

The News Lens

Shanghai denies lockdown rumours as daily COVID infections near 1,000

Authorities in the Chinese city of Shanghai have denied rumours of a city-wide lockdown after a sixth straight increase in daily asymptomatic coronavirus cases pushed its count to record levels despite a campaign of mass testing aimed at stifling the spread.

Reuters

Frustrations mount in Shenyang as China locks down another city of nine million people due to COVID-19

China locks down another city of 9 million people overnight as frustration grows over the nation's "zero-COVID" strategy for battling an Omicron outbreak.

ABC News

'Refuse quarantine!': frustrations mount as China replays COVID controls

In footage shared on social media last week, a crowd of people in the northeastern Chinese city of Shenyang bang against the windows of a clothing market as they shout in frustration at the announcement of yet another round of COVID-19 tests.

Reuters

China censors online Ukraine debate, bars calls for peace

China's censors, who quietly determine what can be discussed on the country's buzzing social media platforms, are silencing views of citizens protesting against Russia's invasion of Ukraine.

Reuters

Weibo: Q4 Earnings Insights

Weibo (NASDAQ:WB) reported its Q4 earnings results on Thursday, March 3, 2022 at 05:00 AM. Here's what investors need to know about the announcement. Earnings Weibo beat estimated earnings by 2.47%, reporting an EPS of $0.83 versus an estimate of $0.81.

Benzinga

Weibo Tops Q4 Backed By User Engagement; Clocks 20% Revenue Growth

Weibo Corp (NASDAQ:WB) reported fourth-quarter FY21 revenue growth of 20% year-on-year to $616.3 million, beating the consensus of $607.8 million. Segments: Weibo's Advertising and marketing revenues rose 21% Y/Y to $550.8 million. Value-added service (VAS) revenues grew 9% Y/Y to $65.5 million. Drivers: Monthly active users (MAUs) increased by 52 million Y/Y to 573 million…

Benzinga

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Benzinga

Weibo Earnings Preview

Weibo (NASDAQ:WB) is set to give its latest quarterly earnings report on Thursday, 2022-03-03. Here's what investors need to know before the announcement. Analysts estimate that Weibo will report an earnings per share (EPS) of $0.81.

The Guardian - UK

Ukraine crisis poses dilemma for China but also opportunity

Analysis: While Xi and Putin have pledged closer cooperation, there are growing economic ties between Beijing and Kyiv

StockNews.com

2 Chinese Tech Stocks to Consider Adding to Your Portfolio

China’s tech sector’s earnings estimates have been revised, and the targets reflect robust returns. Furthermore, the Chinese tech giants are investing in the metaverse, which is gaining traction, thereby creating opportunities. Hence, we think the China-based tech stock NetEase (NTES), and Weibo (WB) might be solid bets now. Read on.

The Independent UK

US-born skater who was lambasted in China speaks out over Olympic nightmare

‘I am an Olympian; no one can take that away from me’

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Benzinga

Starbucks Faces Chinese Boycott Calls After Store Was Rude To Police Officers

Starbucks (NASDAQ: SBUX) has found itself with a public relations problem in China after an incident of impolite behavior to police officers at a store turned into a viral social media fury.

Caixin Global

Yuzuru Hanyu finished fourth at this year’s Games, but the previous two-time Olympic champion was No. 1 in the hearts of many Chinese fans

France 24

Video of Chinese mother chained by her neck sparks outrage

Chinese social media has blown up over a horrific video showing a mother of eight chained by her neck to the wall in a dirty home, apparently because of “mental issues”. Since the video first emerged on January 26, Chinese authorities have released few details on the woman’s fate.

Caixin Global

Xuzhou authorities were quizzed on why more hadn’t been done to help the woman, who was previously hospitalized with mental illness

The Guardian - UK

Peng Shuai says Weibo post sparked ‘enormous misunderstanding’

Tennis player gave interview to L’Équipe on sidelines of Beijing Olympics, accompanied by Chinese official

ABC News

Censors step in after Weibo users savage Chinese figure-skater Zhu Yi over fall at Winter Olympics

The hashtag #ZhuYiFellOver, which slammed US-born skater Zhu Yi's last-place debut for Team China, disappears after racking up more than 200 million views.

StockNews.com

3 Chinese Stocks to Consider After China Cuts Rates: NetEase, FinVolution, and Weibo

China’s central bank recently cut its one-year loan prime rate amid concerns about a recession. This precipitated a rally in Asia-Pacific stocks. Moreover, due to the central bank’s policy easing, the Chinese economy is expected to rebound this year. Hence, we think fundamentally sound Chinese stocks NetEase (NTES), Weibo (WB),…

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