Chinese social media firm Weibo Corp plans to price its shares at HK$272.8 ($35.01) each to raise $385 million in its Hong Kong secondary listing, said three sources with direct knowledge of the matter. Weibo did not immediately respond to a request for comment. Weibo’s U.S. shares endured a torrid night on Wednesday as it was caught up in the broad selloff nL1N2SM35K across the equities market which unfolded on fears about the Omicron coronavirus variant.

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