China’s SINA Corporation, the online media conglomerate behind the popular Twitter-like Sina Weibo social network, is getting a lift in Tuesday trading from investors who are bullish on the online Chinese market as a whole.

SINA shares were hovering around $50, up more than 3 percent, ahead of the market close on Tuesday.

The bump comes courtesy of Chinese search engine Baidu, which was upgraded to a “Buy” by Morgan Stanley on Monday, helping SINA recover from an otherwise difficult few months.

Traders on StockTwits are enjoying the SINA action with 92 percent discussing the stock bullish on the company, and several anxious to see what happens when the shares hold on to a price of $50 or more.

Chinese stocks such as Sohu and Netease are also feeling the Baidu bump, up 1.5 percent and 2 percent respectively. Sina Weibo’s US rival Twitter, meanwhile, is having a down day with shares dropping by around 1 percent.

The Chinese stock gains come even as the China Internet Network Information Center reported slowed growth in total Internet users last month, according to Bloomberg.

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