Five things to watch for as Alibaba and Tencent reveal earnings

Two of Asia's biggest companies are employing similar strategies amid headwinds

20190514 tencen alibaba

The slowing Chinese economy poses a long-term threat to Tencent and Alibaba, especially as the U.S.-China trade conflict escalates.

COCO LIU, Nikkei staff writer

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.

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