Source: Tech – South China Morning PostTwo Chinese internet companies are set to raise close to US$1 billion between them in Hong Kong initial public offerings.Microblogging platform Weibo, and NetEase-backed music streaming site Cloud Village are racing to complete their fundraising ahead of the long year-end holiday.Weibo, often dubbed the Twitter of China, is selling 11 million shares at a maximum price of HK$388 each (US$49.75), which could help it raise up to US$547.3 million ahead of what would be its secondary listing on Hong…Read More