Is Weibo a loan from Shanghai Pudong Development Bank?

Yes Weibo borrowed money from Sina Finance's co-investors, and the banks that cooperated with Sina Finance mainly included Shanghai Pudong Development Bank, Minsheng Bank, baixin bank, and Weibo cooperated with Shanghai Pudong Development Bank, so Weibo borrowed money from Shanghai Pudong Development Bank at a daily interest rate of 0.04%, with a maximum amount of 200,000 yuan and a maximum loan period of 12 months.

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