I remember when Tencent, owner of the chinese web portal and microblog "WeiXin", offered shares of WeiXin not tied to the Tencent parent company, the parent company's stock tanked and the common shareholder was left holding the bag while everyone just shifted investment to the side with more growth potential. Is there any guideline on this or does it vary greatly from deal to deal?
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sorry meant Sina, not Tencent in the original post. got them mixed up