3 Big-Name Chinese Tech Stocks Rebound Ahead Of Earnings Reports By Scalper1 | February 22, 2016 0 Comment Scalper1 News alt : http://feedproxy.google.com/~r/InternetTechnologyRss/~5/JuiAP_e6yFY/Tech_022216_China_NTES_VIPS_BIDU_BABA_JD_sd.mp4http://feedproxy.google.com/~r/InternetTechnologyRss/~5/JuiAP_e6yFY/Tech_022216_China_NTES_VIPS_BIDU_BABA_JD_sd.mp4 Loading the player… Earnings season continues this week with three big-name Chinese tech companies reporting: Vipshop ( VIPS ), NetEase ( NTES ) and Baidu ( BIDU ). Here’s what you need to know. Flash-sales site Vipshop is slated to issue its results after the close on Wednesday. Earnings are expected to grow 43% in local currency on a 46% rise in revenue. Vipshop is trying to rebound from recent lows. The stock rose 3.3% in big volume Monday, nearing its downward-sloping 50-day moving average. Vipshop gapped down below that level after issuing its preliminary results last quarter. NetEase also reports after the close on Wednesday. It’s projected to grow earnings by 52% in local currency, while revenue is seen jumping 121%. With a highest-possible IBD Composite Rating of 99, the gaming company is a member of the IBD 50 list of leading stocks. NetEase is working on a consolidation base with a 186.55 buy point, up 4% to 160.08 Monday. The stock is nearing its 50-day line and is trading about 14% below the pivot. China search giant Baidu is expected to see earnings fall 27%, with revenue rising 32% in local currency, when it reports after the close on Thursday. Earlier this month, Baidu said it had received an offer from two executives to buy its 80% stake in online video platform iQiyi in a $2.8 billion deal. Baidu recently tripped a bearish signal when its 50-day line crossed below its 200-day line. But the stock has risen five out of the last six sessions, including a 2.55% advancen Monday. It’s currently trading about 25% below its 52-week high. And next week, Alibaba ( BABA ) e-commerce rival JD.com ( JD ) are both slated to report their results. Scalper1 News Scalper1 News Related posts: 4 Top China Tech Stocks Rally Amid Bargain Hunting Facebook And Amazon Lead 5 Top Tech Stocks On The Move Big Stock Moves For Techs With Earnings Reports This Week Nvidia Retakes Critical Level As Stock Spikes On Earnings