After an outburst of criticism on the country's popular microblogging service, Sina Corp.
Last year was a watershed year for users of weibo sites such as those run by Sina Corp and Tencent Holdings.
In China, app makers face competition from local apps built by companies like Tencent Holdings Ltd. and Sina Corp.
Late last year, Mr. Liu was accused of corruption by a high-ranking editor at Caijing Magazine, a respected financial magazine, over Sina Corp.
News that Mr. Bo had been replaced as the party chief in the major city of Chongqing went instantly viral on Sina Corp.
Some loyal users use circumvention tools to access the website, but most microblogging users in China now use Chinese services, including by Sina Corp.
"Fatty Kim the Third eats Chinese grain, uses Chinese tools and now comes over to detain Chinese people, " wrote one user of Sina Corp.
Sina Corp. is an online Chinese media company listed on Nasdaq.
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The China division of auditing and consulting company Deloitte Touche Tohmatsu Ltd. last September offered a "virtual office tour" on its career page on Sina Corp.
China's biggest internet firm, Sina Corp, warned earlier this year in a public document that such a move would "severely reduce" traffic to its hugely-successful micro-blogging site Weibo, China's equivalent to Twitter with more than 300 million users.
Among the largest underlying components of GXC, in trading today NetEase, Inc ( NASD: NTES) is down about 0.1%, Mindray Medical International Ltd ( NYSE: MR) is off about 6.3%, and Sina Corp ( NASD: SINA) is lower by about 1.4%.
Other stocks from this cohort that traders and more active investors may want to keep an eye on include Sina Corp (NASDAQ: SINA), which returned to bull market territory a month ago, and was trading in technically oversold territory as recently as last Wednesday.
Last year, Sina had partnered with Mercedez Benz and Xiaomi Corp, a Chinese smartphone company to sell their products on the Weibo platform.
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