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Alibaba, Tencent and other Chinese tech giants to release post-covid-19 earnings

Alibaba, Tencent and Baidu are among the Chinese tech giants preparing to announce their first quarterly results since Beijing abruptly abandoned its zero-COVID policy in late December. Analysts expect fourth-quarter revenue to be muted for many of China’s big tech companies due to the effects of the government’s strict COVID measures. Other holdings are also gearing up for an earnings season that is expected to focus on the post-pandemic economy, the mood among regulators and hype over ChatGPT. Which industry sector really performed well during covid-19 ?

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