Home / Markets / Daily Recap / Weibo Corporation (NASDAQ:WB – $WB) up +24.96% on 2017-05-16

Weibo Corporation (NASDAQ:WB – $WB) up +24.96% on 2017-05-16

On Tuesday (2017-05-16) Weibo Corporation (NASDAQ:WB) was up +24.96% making it the best performing internationally tradeable Chinese stock today.

Other notable gainers were Sina Corporation (NASDAQ:SINA) 99.04 USD (+17.85%), Renren Inc. (NYSE:RENN) 7.22 USD (+15.52%) and Baozun Inc. (NASDAQ:BZUN) 22.78 USD (+14.7%).

The worst-performing Chinese stocks were China Investments Holdings Ltd (HKG:0132) 0.65 HKD (-7.14%), Vipshop Holdings Limited (NYSE:VIPS) 13.76 USD (-6.9%) and China National Building Material Co Ltd (HKG:3323) 4.42 HKD (-5.15%).

Sector summary

The best-performing sector was: Technology (+4.98%)
While the worst-performing sector was: Oil and Gas (-0.4%)

Chinese stock indexes

Chinese stock indexes were mixed. Shanghai Composite Index was 0 down 0%, Shenzhen Composite Index was 1865.27 up +2.09% and Hong Kong Hang Seng Index was 25335.94 down -0.14%.

Source: WealthyTec, Inc. As of May 16, 2017 @ 07:01:02 UTC. Notes: Daily recap focuses solely on internationally tradeable Chinese stocks. Currently, New York, Hong Kong and Singapore listed Chinese stocks are considered internationally tradeable. Top gainers and losers data excludes stocks with market capitalization less than USD 100 million. Sector summary is based on 648 internationally tradeable Chinese stocks. Disclaimer: All the information is provided “as is”. WealthyTec will not be liable for any errors in the content.

About WealthyTec Team

WealthyTec Team is a small but growing number of Financial Technology enthusiasts building the world's best Automated China Investment Advisor (robo-advisor). Numerous contributors write under "WealthyTec Team".

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