Chinese U.S.-listed stocks are poised to advance this week, led by Sina Corp. (SINA), on prospects the government will roll out measures to boost growth in the world’s second-largest economy at an annual meeting next week. The Bloomberg China-US 55 index of the most-traded Chinese stocks in the U.S. was little changed at 108.47 by 12:57 p.m. in New York, gaining 0.9 percent …
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Sina Leads Internet Stock Surge in N.Y.
Sina Corp. (SINA) gained, helping Chinese shares traded in New York to a five-month high, after analysts recommended buying the nation’s Internet companies as users climb and their stock trades cheaper than peers in the U.S. Sina, which runs the Twitter-like Weibo service in China, jumped the most in two weeks, while E-Commerce China Dangdang Inc. (DANG), China’s largest Internet …
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