Last week, Chinese Internet giant Alibaba (BABA) jumped on view-topping quarterly results, and rival JD.com (JD) rose on mixed results. This week, several more Chinese Internet companies are set to report, including NetEase (NTES) and Vipshop (VIPS). Online gaming site NetEase is expected to grow earnings by 1.3% in local currency and revenue by 35% in local currency when it reports first-quarter results after the close on Wednesday. In Q4,
Last week, Chinese Internet giant Alibaba (BABA) jumped on view-topping quarterly results, and rival JD.com (JD) rose on mixed results. This week, several more Chinese Internet companies are set to report, including NetEase (NTES) and Vipshop (VIPS). Online gaming site NetEase is expected to grow earnings by 1.3% in local currency and revenue by 35% in local currency when it reports first-quarter results after the close on Wednesday. In Q4,
Chinese stocks are on fire on the stock market today, and online gaming company NetEase (NTES) is trying to break out. Other Chinese Internet stocks are making notable gains, including Alibaba (BABA), JD.com (JD), Tencent (TCEHY) and Autohome (ATHM). On the Hong Kong exchange, stocks hit a seven-year high Wednesday and record trading volumes were set. Watch this video for key IBD chart analysis of NetEase, Alibaba, JD.com, Tencent and Autohome.