hong kong nov 19 reuters  chinese social media company weibo corporation wbo has been approved by the hong kong stock exchanges listing committee to sell shares in the city according to regulatory filings giving it a secondary listing alongside new york weibo not specify how much chinas largest microblogging platform is looking to raise in the secondary listing nor specify a timetable for the sale the filings were part of a postcommittee hearing information pack published on the hong kong stock exchanges website indicating weibo had been given approval to press on with the listing sources have previously told reuters the deal would be worth about 700 million the final size of the deal though has yet to be determined according to two people with direct knowledge of the matter who declined to be named as they were not permitted to speak to media its new yorklisted stock is up 188 for 2021 to date and it has a market capitalisation of 95 billion in february when reuters reported the appointment of banks to work on the hong kong listing weibo was worth 132 billion chinese ecommerce giant alibaba group 9988hk holds 714 of the new york stock in july reuters reported that weibo was in talks to go private with the help of a shanghaibased stateowned company in an effort to help alibaba divest after the report weibos chairman charles chao said he had held no such discussions reporting by scott murdoch in hong kong editing by kenneth maxwell