Sina Boosts Q2 Outlook; Plans Debt Offer

Chinese Internet media company Sina said its second-quarter results would be far ahead of forecasts as the impact of the SARS outbreak failed to impede its rapid growth.

The news, and a subsequent upgrade of the stock by Piper Jaffray, sent shares up more than 22 percent in heavy trading.

You're subscribed! If you like, you can update your settings

Comments have been disabled for this post