The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Alibaba Earnings Preview: With China in danger of recession, all eyes on Thursday's BABA earnings for clues

News Snapshot:

SEC says Chinese firm audits still unavailable. BABA shares dropped 5.5% on Tuesday. Wall Street expects adj. EPS of $1.08 for Alibaba on Thursday . Alibaba ( BABA stock ) dropped 5.5% to $82.47 on Tuesday along with the broad downturn in growth stocks. The Nasdaq dropped 2.4% despite clawing back substantial ground as it spent the early part of the session down more than 3.3%. That was not BABA 's only reason for decline however. An official with the Securities & Exchange Commission ( SEC ) said "significant issues remain" regarding getting access to Chinese companies' audits . The…

Other China Tech Buzz: