Don’t Expect a Boost: Alibaba and JD.com Earnings Unlikely to Help Stocks
Chinese tech giants JD.com Inc., Alibaba Group Holding Ltd., and Tencent Holdings Ltd. are all set to report a slowdown in revenue growth for Q1 2023, according to estimates by analysts. This trend reflects a more muted consumption-led rebound in China than initially anticipated. JD.com will kick off the reporting season this Thursday, with projections…