China Stocks
We have seen Chinese stocks rally over the past few weeks. The Chinese ETF MCHI has begun to trade up along with key stocks such as BABA and NIO.
Companies like TSLA and AAPL even received positive news from China whereas they thought their business would be worse off in China than results are showing.
Watch This Earnings
Tencent is one of Chinaโs largest companies and reports earnings tomorrow.
Here are the numbers to look out for:
Revenue: $944.2M
EPS: $0.13
These earnings will likely move other Chinese stocks so this one will absolutely be on my radar.