Baron Funds Comments on Sina Corporation

Nov 26, 2013

Shares of Sina Corporation (SINA, Financial) were up 45.6% in the third quarter. Sina operates a leading Chinese Internet portal and owns Sina Weibo, the largest Twitter- like service in China. We believe performance in the third quarter was due to the acceleration of Sina Weibo monetization, as well as strong second quarter earnings, where the company beat expectations and issued above-Street guidance. Further, the recently announced alliance between Sina Weibo and Alibaba Group appears to be progressing on-track. (Catherine Chen)

From Ron Baron's Baron Funds third quarter 2013 commentary.

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