China tech giants like Alibaba see earnings forecasts slashed on Covid-19 lockdowns

April 29, 2022 9:40 AM

HONG KONG (BLOOMBERG) – China’s technology giants have had their earnings estimates slashed for a second straight month amid the nation’s relentless pursuit of its Covid-Zero strategy.

Source : https://www.straitstimes.com/business/companies-markets/china-tech-giants-like-alibaba-see-earnings-forecasts-slashed-on-covid-19-lockdowns