20 hours ago
China Earnings Pose Risks to Nascent Rebound in Onshore Stocks
China's corporate earnings growth likely slowed or was stagnant in the second quarter as the US ratcheted up trade tariffs, signaling that the latest results season may not offer much in terms of good news for stock investors.
Profits at firms listed onshore probably grew at a slower pace than the 3.5% year-on-year growth seen in the first three months of 2025, according to China International Capital Corp., one of the country's biggest brokerages. Earnings estimates for CSI 300 Index members over the next 12 months are down more than 1% since March 31 after rising for two straight quarters, data compiled by Bloomberg show.
