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Sina Corporation (SINA) [hlAlert]

Rating:
Overweight
SINA
down 19.50 %

Sina Corporation (SINA) rated Overweight with price target $62 by HSBC Securities

Posted on: Wednesday,  Jul 11, 2012  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Sina Corporation (NASDAQ: SINA) on 07/11/2012, when the stock price was $48.65. Since
then, Sina Corporation has lost 19.51% as of 01/25/2016's recent price of $39.16.
If you would have followed this HSBC Securities's recommendation on SINA, you would have lost 19.5% of your investment in 1293 days.

SINA Corporation is a leading online media company and value-added information service provider for China and for global Chinese communities. With a branded network of localized web sites targeting Greater China and overseas Chinese, SINA operates three major business lines including SINA.com, SINA Online and SINA.net, providing an array of services including online portals, premium email, wireless short messaging, virtual ISP, search, classified information, online games, e-commerce, e-learning and enterprise e-solutions.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2012 8:25 AM Buy
None
48.65 62.00
as of 12/31/2012
1 Week up  6.15 %
1 Month up  10.32 %
3 Months down  -22.35 %
1 YTD up  3.22 %

(*) Stock Price at the time of the recommendation.
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