Chinese tech giants Tencent and Baidu are set to report earnings. Here’s what analysts expect
A Tencent sign at the World Internet Conference (WIC) in Wuzhen, China, October 20, 2019.
Aly Song | Reuters
Two of China’s biggest technology companies, Tencent and Baidu, report third-quarter earnings in the coming days.
But the September quarter could be tough for both companies given China’s regulatory crackdown this year which has hit areas from online gaming to education and could filter through to advertising.
Here’s what analysts are expecting from Tencent and Baidu earnings.