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The improving half-year profitability of A-share companies can be interpreted as an indication that stock market performance will further stabilize in the following months and, more importantly, China's economic transformation will advance, said experts on Thursday. ▲ An investor looks at share prices at a brokerage in Fuyang, Anhui province. [Photo by Wang Biao/For China Daily] Of the 1,600-plus A-share companies that have disclosed their first-half earnings forecasts so far, more than 850 said their income will rise year-on-year, according to market tracker Wind Info. More than 350 companies anticipate their first-half net profit to rise over 100 percent year-on-year, while another 240 reported that they expect their net profit to rise by 50 percent to 100 percent. The electronics sector showed the strongest gains. At least 88 A-share companies from the sector reported net income increases in the first half. Chemical companies, engineering equipment providers and carmakers followed
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