Media365
Tencent Holdings and Alibaba Group Holding are set to report quarterly earnings this week, against a backdrop of an artificial intelligence boom that is reshaping the global economy and fuelling a frenzy in China around open-source AI agents such as OpenClaw.
The South China Morning Post examines market expectations for their results and the key themes investors will be watching.
What are the expectations for top line and bottom line performances?
Shenzhen-based Tencent, operator of China’s largest social media platform and the world’s biggest video gaming business by revenue, is expected to report results on Wednesday after the market close.
The company is forecast to post a 13 per cent increase in fourth-quarter revenue to 194 billion yuan (US$28.2 billion), according to a Bloomberg poll of 39 analysts. Profit is expected to reach 55 billion yuan on an IFRS basis, up 7 per cent year on year.
Hangzhou-based Alibaba, one of China’s largest e-commerce and AI companies, will report its quarterly results after the Hong Kong market closes on Thursday. Analysts polled by Bloomberg expect revenue of 289.8 billion yuan, up 3.4 per cent year on year. Alibaba owns the South China Morning Post.
Adjusted earnings per share are forecast at 12.35 yuan, a sharp increase from 4.36 yuan in the previous quarter.
