Sina Corporation (SINA)

[ChrisEchavarria]

The "phase one" trade deal announced by the U.S. and China Friday saw many stocks jump, with investors breathing a sigh of relief as the U.S. pulled back on $160 billion in new tariffs that were set to go into effect Sunday.

A number of sectors — including tech, biopharma and airlines — traded higher on the news. Here's a look at some of the stocks that moved on the latest trade war development.

SINA Corp (NASDAQ: SINA) is a Chinese technology company which operates four major business lines: Sina Weibo, Sina Mobile, Sina Online and Sinanet.

The stock was trading 0.93% higher at $38.15 at the time of publication.