Solid H1 corporate results raise hopes for H2


Steady growth: A screen displaying Shenzhen Stock Exchange figures in Shanghai. Up to Monday, 1,447 A-share companies have disclosed their H1 results, of which 1,414 have seen operating revenues and profits jump 33% and 61%, respectively. — Bloomberg

BEIJING: Listed Chinese companies’ first-half (H1) earnings have increased healthily, with some even looking robust, which should encourage global investors to discern a silver lining on the dark cloud of rising uncertainties, experts said.

Up to Monday, 1,447 A-share companies had disclosed their first-half results, among which 1,414 companies (excluding those in the banking and non-banking financial sectors) have seen operating revenues and profits jump 33% and 61% year-on-year, respectively, according to data compiled by China Securities Journal.

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