Weibo’s plan to go public in Hong Kong shrouded in uncertainty by Beijing’s tough new data regime

Weibo’s plan to sell shares in Hong Kong is clouded by uncertainties stemming from Beijing’s tough new data regulations, says the Chinese social media platform with 250 million daily active users in its listing prospectus, putting a spotlight on the national security issues now facing tech companies.China’s answer to Twitter, which frequently breaks news in the country’s tightly-controlled cyberspace, filed a draft prospectus with the Hong Kong stock exchange last week, in another step towards…


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