Tencent's Chief Executive Officer Pony Ma waves next to Alibaba's founder Jack Ma at an event marking the 40th anniversary of China's "reform and opening up" at the Great Hall of the People in Beijing, China December 18, 2018. Photo: Reuters Tencent's Chief Executive Officer Pony Ma waves next to Alibaba's founder Jack Ma at an event marking the 40th anniversary of China's "reform and opening up" at the Great Hall of the People in Beijing, China December 18, 2018. Photo: Reuters
Tencent's Chief Executive Officer Pony Ma waves next to Alibaba's founder Jack Ma at an event marking the 40th anniversary of China's "reform and opening up" at the Great Hall of the People in Beijing, China December 18, 2018. Photo: Reuters
Tech /  Big Tech

Alibaba, Tencent earnings to be watched for clues on consumer sentiment in China as trade war swirls

  • Alibaba’s earnings are driven by its e-commerce engine, services, entertainment and cloud computing – meaning domestic consumption is always a key factor

Topic |   Alibaba
SCMP Reporters
SCMP Reporters

Updated: 2:02pm, 15 May, 2019

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Tencent's Chief Executive Officer Pony Ma waves next to Alibaba's founder Jack Ma at an event marking the 40th anniversary of China's "reform and opening up" at the Great Hall of the People in Beijing, China December 18, 2018. Photo: Reuters Tencent's Chief Executive Officer Pony Ma waves next to Alibaba's founder Jack Ma at an event marking the 40th anniversary of China's "reform and opening up" at the Great Hall of the People in Beijing, China December 18, 2018. Photo: Reuters
Tencent's Chief Executive Officer Pony Ma waves next to Alibaba's founder Jack Ma at an event marking the 40th anniversary of China's "reform and opening up" at the Great Hall of the People in Beijing, China December 18, 2018. Photo: Reuters
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