Sina Weibo in the IPO, and Alibaba owned 32% post IPO. The company began trading publicly on 17 April 2014. "Weibo" (微博) is the Chinese word for "microblog". Sina Weibo launched its new domain name weibo.com on 7 April 2011, deactivating and redirecting from the old domain, t.sina.com.cn to the new one. Due to its popularity, the media sometimes directly uses "Weibo" to refer to Sina Weibo. However, there are other Chinese microblogging/weibo services including Tencent Weibo (腾讯微博), Sohu Weibo (搜狐微博), and NetEase Weibo (网易微博). "Sina Weibo" is a Chinese microblogging (weibo) website and is one of the biggest social media platforms
Gambling in China via all social media channels in China (Wechat, Weibo) became forbidden.This decision has been considered to be the Chinese equivalent of the 2011 American Black Friday. While some aspects of mainland Chinese law apply in Hong Kong, certain forms of gambling are legal and regulated in Hong Kong. The Law of Hong Kong is based on English common law, Hong Kong having been a British territory until 1997. Gambling in Hong Kong has been regulated since 1977. The Hong Kong Jockey Club organizes much of the legal betting in the region. Gambling in Macau has been legal since the 1850s,