China tech could take a hit from ad sales

A cascade effect of weaker consumer sentiment, slower e-commerce traffic and reduced confidence of advertisers could put pressure on margins in the sector

Andrew Willis 29 April, 2019 | 2:00PM
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Note: This article is part of Morningstar Canada's Emerging Markets Week Special Report

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Baidu Inc ADR149.84 USD-0.30Rating
JD.com Inc ADR84.11 USD-4.32Rating
NetEase Inc ADR107.73 USD-2.17Rating
Tencent Holdings Ltd ADR58.45 USD-0.37Rating
Trip.com Group Ltd ADR27.50 USD1.40Rating
Weibo Corp ADR Class A39.81 USD0.50Rating

About Author

Andrew Willis

Andrew Willis  is Content Editor for Morningstar.ca. Follow him on Twitter @AndrewWillisCDN.

 

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