While some other firms have exceeded consensus earnings estimates, troubling signs remain under the hood. Tencent shares have been muted since earnings on Wednesday that beat expectations, as analysts pointed to underwhelming advertising revenue and less-than-exceptional game sales. JD.com and NetEase have seen small gains after seemingly good results.
Alibaba shock move casts fresh pall over China Inc comes via ChinaTechNews.com.
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China smartphone demand helps lift forecasts for chipmaker QualcommWhile some other firms have exceeded consensus earnings estimates, troubling signs remain under the hood. Tencent shares have been muted since earnings on Wednesday that beat expectations, as analysts pointed to underwhelming advertising revenue and less-than-exceptional game sales. JD.com and NetEase have seen small gains after seemingly good results.
Alibaba shock move casts fresh pall over China Inc comes via ChinaTechNews.com.
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