Sources: Weibo and its shareholder Sina plan to price its Hong Kong second listing at HK$272.80 (~$35), seeking to raise around HK$3B ($385M) (Pei Li/Bloomberg)

Pei Li / Bloomberg:
Sources: Weibo and its shareholder Sina plan to price its Hong Kong second listing at HK$272.80 (~$35), seeking to raise around HK$3B ($385M)  —  – U.S.-listed Chinese firm, holder selling 11 million shares  — Offering comes as China cracks down on VIE structures