Chinese tech stocks jump amid positive earnings of US giants Microsoft, Alphabet

News Snapshot:

Chinese tech stocks were in the green on Friday following quarterly earnings results of U.S. tech giants Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG) (GOOGL). Video sharing platform Bilibili (BILI) has surged 7%, while internet search giant Baidu (BIDU) is up 3%. E-commerce companies Alibaba (BABA) is up 2% and JD.com (JD) has climbed 5%. Meanwhile, video games company NetEase (NTES) has jumped 3%. Google's parent Alphabet saw its stock soar 10% on Friday after its first-quarter results beat analyst expectations as revenues jumped 15% with strong performance, particularly at YouTube. The tech giant launched its first dividend. Meanwhile, Microsoft's fiscal third-quarter...