Laureate Trust Upgrades Sina Corp. (SINA) to Strong Buy

Beverly Hills, CA -- (SBWIRE) -- 04/16/2014 -- Laureate BVI reduced its value for the Weibo IPO which will launch on April 17, with Goldman Sachs and Credit Suisse serving as lead underwriters. Weibo’s IPO should come in between US$3.5 billion to US$4 billion based on initial pricing of the shares.