Sina: Investment Arm Another Good Reason To Invest [Seeking Alpha]
Pintec Technology Holdings Limited - American Depositary Shares (PT)
Company Research
Source: Seeking Alpha
Sina: Investment Arm Another Good Reason To Invest Summary Sina has over $1.36bil of investments on its own net of Weibo, mainly private company investments. Sina's public company investments have performed very poorly, but Sina's private company investments have done very well, with many successful investments in companies like Alibaba. Overall, the investment arm could potentially help generate additional returns for Sina shareholders, but even if it performs badly Sina is still cheap. Although it has appreciated slightly in recent months, Sina( SINA WB About Sina's investment arm Sina has a very substantial investment portfolio on its balance sheet, consisting over $2.3bil in long term investments in a variety of public and private companies and funds. However, since Sina consolidates Weibo's assets, we must remove $0.94bil to avoid double counting. This means that Sina has net $1.36bil in long term investments. Source: 20Fs, WY Capital As you can see from the graph above, both Sin
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