Sina’s US Stock Market Departure Could Herald Wave of Chinese Delistings

Signage of Sina Weibo (C), is displayed in Beijing on April 16, 2014. Its parent company Sina, which was listed on the Nasdaq stock exchange, will be going private. WANG ZHAO/AFP via Getty Images

News Analysis

Chinese internet firm Sina Corp. agreed to go private and delist from the Nasdaq stock market, 20 years after its landmark U.S. IPO that led to a wave of Chinese companies listing their shares in the United States.