2019 was a tough year for Chinese tech stocks, due to the economic slowdown in China and the ongoing trade war. Yet some of those stocks fared better than others.
Shares of online dating leader Momo (NASDAQ: MOMO), for example, rallied nearly 50% as the company impressed investors with its robust growth in users, revenue, and earnings. Meanwhile, shares of search giant Baidu (NASDAQ: BIDU) sank nearly 20% as its core advertising business hit a brick wall.
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Source Fool.com