The Chinese e-commerce giant Alibaba reportedly is in talks to make a big investment in China Web portal Sina (SINA) . Neither company has yet confirmed the talks. State-owned China Business News cited reports saying Alibaba was considering a 15%-20% investment in Sina, according to a report from Reuters. Shares rose 7.8% to 48.59.
Happy demi-anniversary, stock market rally. Will the honeymoon ever end?