Update On Weibo Real Name Registration And Associated Fees

• Posted by bbishop
• on January 4th, 2012

Time Weekly looks at id5 (北京国政通科技有限公司), a company that verifies real names in China and may the prime beneficiary of the real name requirement for microblogs such as Sina ($SINA) and Tencent’s Weibos–微博实名制背后有利益驱动？ – 科技 – 时代周报. The article reports a rumor that the verification fee will be 2 RMB/account and raises questions about the background of id5 and its relationship with government regulators.

I posted my thoughts on Twitter, embedded below:

sina to pay 2 RMB/account to verify real names on Weibo? $sina 微博实名制被爆掩藏高额认证费 国政通否认-搜狐IT bit.ly/yiwEqH cheaper than what baidu paid

— Bill Bishop (@niubi) January 5, 2012

 

sina investors who think there is no cost 2 $sina for real name requirements are deluding themselves. question is how much, how material

— Bill Bishop (@niubi) January 5, 2012

 

smart pr, imply corruption @ the real name verification, may force govt 2 lower the fee (doubt will force them 2 cancel requirement) $sina

— Bill Bishop (@niubi) January 5, 2012

 

“　“国政通是不是借行政之手，故意设立一道程序，让企业增加经营成本，这其中有没有利益勾结问题，国政通股权结构有没有隐含着隐名持股等腐败现象，是不是符合反垄断法和反不正当竞争法，也是值得怀疑的。”

— Bill Bishop (@niubi) January 5, 2012

govt.’s real name requirement on weibo is a signal 2 people paying attention that they need to watch what they say $sina

— Bill Bishop (@niubi) January 5, 2012

No doubt there will be more to come with this story.

You can follow me @Bill on Stocktwits, @Niubi on Twitter and @Billbishop on Sina Weibo.

Related posts:

1. Sina Telling Investors There Will Be No Fees To Verify Real Names
2. Happy Days Ahead For Sina And Tencent Weibos?
3. Sina, Tencent And Others Preparing For New Weibo Restrictions
4. Sina Shares Soar On News Of Government Embrace
5. New Registrations For Sina Weibo Appear To Have Fallen Off A Cliff

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus