Alibaba (BABA) reports earnings Thursday May 18th before the open.
Alibaba beats EPS by 8% on average.
Alibaba goes up 4.8% on average after reporting earnings.
Weibo (WB) reports earnings Tuesday May 16th before the open.
Weibo beats EPS by 40.5% on average.
Weibo goes up 46.4% on average after reporting earnings.
Last week 2 Chinese companies, JD.com (JD) and Netease (NTES), reported great earnings.
We expect this trend to continue this week with Alibaba and Weibo.
Can these two Chinese companies “race” to new highs?
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