Filing Details

SINA Corporation

(Name of Issuer)

Ordinary Shares, $0.133 par value per share

(Title of Class of Securities)

G81477104

(CUSIP Number)

April 2, 2020

(Date of Event Which Requires Filing of this Statement)

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

(1)

Names of Reporting Persons
Capital Ventures International

(2) 

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

o

(3)

SEC Use Only

(4)

Citizenship or Place of Organization
Cayman Islands

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

(5)

Sole Voting Power
2,184,954 (1)(2)

(6)

Shared Voting Power
3,491,699 (1)

(7)

Sole Dispositive Power
2,184,954 (1)(2)

(8)

Shared Dispositive Power
3,491,699 (1)

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
3,491,699 (1)

(10)

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

(11)

Percent of Class Represented by Amount in Row (9)
5.0%

(12)

Type of Reporting Person (See Instructions)
CO

(1)

Names of Reporting Persons
Susquehanna Advisors Group, Inc.

(2) 

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

o

(3)

SEC Use Only

(4)

Citizenship or Place of Organization
Pennsylvania

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

(5)

Sole Voting Power
0 (1)(2)

(6)

Shared Voting Power
3,491,699 (1)

(7)

Sole Dispositive Power
0 (1)(2)

(8)

Shared Dispositive Power
3,491,699 (1)

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
3,491,699 (1)

(10)

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

(11)

Percent of Class Represented by Amount in Row (9)
5.0%

(12)

Type of Reporting Person (See Instructions)
CO

(1)

Names of Reporting Persons
Susquehanna Investment Group

(2) 

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

o

(3)

SEC Use Only

(4)

Citizenship or Place of Organization
Pennsylvania

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

(5)

Sole Voting Power
9,815 (1)

(6)

Shared Voting Power
3,491,699 (1)

(7)

Sole Dispositive Power
9,815 (1)

(8)

Shared Dispositive Power
3,491,699 (1)

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
3,491,699 (1)

(10)

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

(11)

Percent of Class Represented by Amount in Row (9)
5.0%

(12)

Type of Reporting Person (See Instructions)
BD, PN

(1)

Names of Reporting Persons
Susquehanna Securities, LLC

(2) 

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

o

(3)

SEC Use Only

(4)

Citizenship or Place of Organization
Delaware

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

(5)

Sole Voting Power
1,296,930 (1)

(6)

Shared Voting Power
3,491,699 (1)

(7)

Sole Dispositive Power
1,296,930 (1)

(8)

Shared Dispositive Power
3,491,699 (1)

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person
3,491,699 (1)

(10)

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

(11)

Percent of Class Represented by Amount in Row (9)
5.0%

(12)

Type of Reporting Person (See Instructions)
BD, OO

 Item 1.

(a)

Name of Issuer

SINA Corporation (the Company)

(b)

Address of Issuers Principal Executive Offices

No. 8 SINA Plaza, Courtyard 10, the West Xibeiwang E. Road

Haidian District, Beijing 100193, Peoples Republic of China

Item 2(a).

Name of Person Filing

This statement is filed by the entities listed below, who are collectively referred to herein as Reporting Persons with respect to the Ordinary Shares, $0.133 par value per share, of the Company (the Shares).

(i)             Capital Ventures International

(ii)          Susquehanna Advisors Group, Inc.

(iii)       Susquehanna Investment Group

(iv)      Susquehanna Securities, LLC

Item 2(b).

Address of Principal Business Office or, if none, Residence

The address of the principal business office of Capital Ventures International is:

P.O. Box 897

Windward 1, Regatta Office Park

West Bay Road

Grand Cayman, KY1-1103

Cayman Islands

The address of the principal business office of each of Susquehanna Advisors Group, Inc., Susquehanna Investment Group and Susquehanna Securities, LLC is:

401 E. City Avenue

Suite 220

Bala Cynwyd, PA 19004

Item 2(c).

Citizenship
Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.

Item 2(d).

Title of Class of Securities
Ordinary Shares, $0.133 par value per share

Item 2(e)

CUSIP Number

G81477104

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

o

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);

(k)

o

Group, in accordance with rule 13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:                                                        

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.

The number of Shares reported as beneficially owned by Susquehanna Investment Group includes options to buy 2,300 Shares. The number of Shares reported as beneficially owned by Susquehanna Securities, LLC includes options to buy 145,700 Shares.

The Companys Annual Report on Form 20-F, filed on April 30, 2019 indicates that there were 69,552,851 Shares outstanding as of March 31, 2019. 

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:   ¨

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not applicable.

Item 8.

Identification and Classification of Members of the Group

Not applicable.

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

CAPITAL VENTURES INTERNATIONAL

SUSQUEHANNA ADVISORS GROUP, INC.

By: Susquehanna Advisors Group, Inc. pursuant to a Limited Power of Attorney, a copy of which is attached as Exhibit I hereto.

By:

/s/ Brian Sopinsky

By:

/s/ Brian Sopinsky

Name:

Brian Sopinsky

Name:

Brian Sopinsky

Title:

Assistant Secretary

Title:

Assistant Secretary

SUSQUEHANNA INVESTMENT GROUP

SUSQUEHANNA SECURITIES, LLC

By:

/s/ Brian Sopinsky

By:

/s/ Brian Sopinsky

Name:

Brian Sopinsky

Name:

Brian Sopinsky

Title:

General Counsel

Title:

Secretary

EXHIBIT

DESCRIPTION

I

Limited Power of Attorney executed by Capital Ventures International in favor of Susquehanna Advisors Group, Inc., dated as of December 4, 2012

II

Joint Filing Agreement