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Earnings Preview: Weibo to Report Financial Results Pre-market on November 19
$Weibo(WB.US)$ is scheduled to release its financial results pre-market on November 19 ET. Earnings PreviewAnalysts estimate $Weibo(WB.US)$ to post revenue of USD435.98M for 2024Q3, down 1.4% YoY;
Weibo (WB.US) anti-corruption report, 17 people have been dismissed and will never be hired since 2021.
Weibo (WB.US) released an anti-corruption report. As of 2021, the Compliance and Supervision Department has discovered and dealt with 9 cases of employee corruption, with 17 people having their labor contracts terminated, 10 of whom were transferred to judicial authorities for suspected crimes. The company also attached a list of entities permanently ineligible for cooperation added since 2021, involving 13 companies.
Weibo reports 9 cases of employee fraud: 10 individuals have been transferred to judicial authorities on suspicion of committing crimes.
"Weibo spokesperson" released an anti-corruption notice: Weibo attaches great importance to lawful operation, with the "Employee Code of Conduct" and "Conflict of Interest Avoidance Guidelines" as the basic system, focusing on strengthening internal compliance advocacy and improving the reporting channels as the main means, increasing efforts to combat acts such as commercial bribery and embezzlement, and practicing the business philosophy of "integrity, openness, and fairness".
10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
Weibo reported 9 cases of employee fraud, 10 people were transferred to judicial authorities for suspected crimes.
November 8th, according to Gelunhui, Weibo's official spokesperson account, 'Weibo Spokesperson,' posted today stating that from 2021 to present, the Compliance and Supervision Department has discovered and dealt with 9 cases of employee fraud, leading to 17 employees having their labor contracts terminated. Among them, 10 individuals were transferred to judicial authorities for suspected criminal offenses.
Weibo Corporation's (NASDAQ:WB) Stock Price Dropped 3.3% Last Week; Private Companies Would Not Be Happy