Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
News for Outlets

Q3 financial results of over 1,000 China A-share market firms point to explicit recovery

October 28, 2020


Abstract : China's A-share market already hailed quarterly financial results releasing by 1,133 listed firms by Tuesday, reported securities news portal cls.cn Wednesday.

0818-1.png

BEIJING, Oct. 28 (Xinhua) – China's A-share market hailed quarterly financial results releasing by 1,133 listed firms by Tuesday, reported securities news portal cls.cn Wednesday.

Among them, 63 percent or 710 listed firms reported better-than-semiannual growth in their net profits or narrowed losses for the first three quarters of this year.

About 60 percent or 683 companies saw their net profits from January to September rise year on year.

Another 110 A-share listed firms returned to positive growth in their net profits in the first nine months of this year, after posting decrease in net profits in the first half of 2020.

Companies with encouraging quarterly financial performances are mostly engaged in bio-pharmacy, machinery and equipment, chemical, electronics, electrical equipment, and automobile sectors. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: China A-share market Q3

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial