Weibo expects IPO to be priced at $17-$19/ADS

Weibo to raise as much as $380 million

China's Twitter-like messaging service Weibo, owned by Sina, expects its initial public offering of 20 million American Depository Shares to be priced at $17-$19 each, it said in a regulatory filing on Friday.

The company said on Monday that it intends to list on the Nasdaq under the symbol "WB."