Alibaba and Tencent bid for comeback after $140 Billion wipeout
14 August 2019 |
10:56 am
China’s two largest companies have lost a combined $140 billion in market value since the escalation of the trade war in May. As Alibaba Group Holding Ltd. and Tencent Holdings Ltd. report earnings this week back-to-back, they’ll try to show the punishment is overdone. Bloomberg's Selina Wang tells you what to watch out for when both of the companies report earnings.
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