HONG KONG -- Chinese e-commerce company Alibaba Group Holding and social media group Tencent Holdings have begun to look very much alike. Both have expanded into new fields such as cloud computing and artificial intelligence. Both have set their sights outside China. And the two companies -- one listed in New York, the other in Hong Kong -- have even chosen the same day to report their earnings.
Five things to watch for as Alibaba and Tencent reveal earnings
Two of Asia's biggest companies are employing similar strategies amid headwinds