Weibo Corporation
Weibo Corporation (HKSE: 9898) is trading at HK$50.60, about ₹619 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET, down 0.59% today. Indian residents can buy Weibo from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$50.10
Today's high
HK$50.90
52 week low
HK$50.10
52 week high
HK$103.10
9898 opened at HK$50.50, closed previously at HK$50.90, and has traded between HK$50.10 and HK$103.10 over the past 52 weeks.
About
Weibo Corporation operates a prominent social media platform in the People's Republic of China, offering users a dynamic online environment for generating, sharing, and discovering content. Its operations are bifurcated into two main segments: Advertising and Marketing Services, and Value-Added Services. The platform facilitates user engagement through various functionalities, empowering individuals to explore trending topics, articulate their thoughts and creations, and cultivate social connections. For its business clients, Weibo provides diverse advertising and promotional tools. These encompass traditional social display advertisements, alongside sponsored marketing initiatives such as Fans Headline and Weibo Express promoted feeds, as well as boosted trends and search placements that appear based on user discovery and search behaviors. Beyond advertising, the company offers a rich suite of features, including access to trending information, search capabilities, video and live streaming, and robust editing tools. It also focuses on content personalization, managing copyrighted materials, and fostering interactive user experiences. Further enhancing its ecosystem, Weibo supplies recommendations for search and trending lists, and displays advertisements upon app launch. It extends crucial backend management, traffic support, and product solutions to multi-channel networks (MCNs), content unions, and e-commerce partners. An open application programming interface (API) enables third-party developers to integrate their applications, allowing users to conveniently log in with their Weibo accounts and share external content on the platform. Additionally, Weibo Wallet serves as a mechanism for platform partners to orchestrate promotional activities, such as distributing virtual red envelopes and coupons. Initially incorporated as T.CN Corporation, the company rebranded to Weibo Corporation in 2012. Established in 2009 and headquartered in Beijing, China, Weibo Corporation operates as a subsidiary of Sina Corporation.
Key statistics
Avg. volume
118.24K
Market cap
HK$12.10B
P/E Ratio
4.81
Price-to-sales ratio
0.86
Enterprise value
$2.29B
Free cash flow yield
17.79%
Debt-to-equity ratio
0.47
Return on equity
11.45%
ROIC
5.84%
Beta
0.18
Dividend yield
9.45%
Last dividend
HK$4.78
Financial overview
Revenue
$1.76B
Earnings per share
$1.88
Free cash flow
$477.11M
Net profit margin
17.78%
Gross margin
73.36%
EBITDA
$523.91M
Revenue growth
0.14%
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This is not an investment recommendation
How to buy Weibo from India
Indian residents can buy Weibo shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for Weibo and place an order
Find Weibo by name or by its ticker, 9898, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Weibo trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Weibo position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Weibo from India
Trading and taxes when buying Weibo from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Weibo’s current yield is 9.45%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Weibo stock?
Yes. Weibo (9898) has been listed on the Hong Kong Stock Exchange since 2021, in the Internet Content & Information industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Weibo share cost in rupees?
One Weibo share is HK$50.60 — about ₹619 at an HKD/INR rate of 12.23 on 30 Sep 2026. Both the Weibo price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Weibo from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of Weibo?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Weibo shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Weibo price. Paasa issues a capital-gains statement for your return.
Does Weibo pay a dividend, and how is it taxed in India?
Yes. Weibo pays a dividend and the current yield is 9.45%; the last declared dividend was HK$4.78 per share, about ₹58.47. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Weibo from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is Weibo a Hong Kong SAR China company, and does that change how it is taxed?
Weibo trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Weibo trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Weibo shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Weibo holding, its cost and its closing value.
How do I sell Weibo and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.