Tencent, JD.com, Hon Hai Navigate US Tariff Risks, AI Expansion

The article discusses how Chinese tech giants Tencent Holdings Ltd. and JD.com Inc. are navigating the risks posed by US tariffs, while also expanding their presence in artificial intelligence (AI). Key points: - Tencent and JD.com are more exposed to US tariffs compared to their global peers, as sector earnings expectations have weakened since President Trump's tariff announcements in April. - The companies are exploring ways to mitigate the impact of tariffs, such as diversifying their supply chains and exploring alternative markets. - Alongside managing tariff risks, Tencent and JD.com are also investing in AI technology, aiming to stay competitive in the rapidly evolving tech landscape. - Hon Hai Precision Industry Co., also known as Foxconn, is another Chinese tech company that is navigating the challenges posed by US tariffs and expanding its AI capabilities. The article highlights the dual challenges faced by these Chinese tech giants as they strive to maintain their competitive edge in the face of trade tensions and technological advancements.