China’s CSI 300 Index has clawed its way up from a two-year low in April. Photo: Xinhua
China’s CSI 300 Index has clawed its way up from a two-year low in April. Photo: Xinhua
A-shares
Business /  China Business

Warning shot from China’s earnings season for stock bulls as UBS, JPMorgan see bumpy second-half ride

  • Of the listed companies that have published their guidance so far, only 42 per cent have forecast positive interim earnings
  • Stock recovery from a two-year low in April at risk from downside surprises, on top of a housing market crisis and a host of macro worries

Zhang ShidongYaling Jiang
Zhang Shidong in Shanghaiand Yaling Jiang in Shanghai

Updated: 7:30am, 1 Aug, 2022

Why you can trust SCMP
China’s CSI 300 Index has clawed its way up from a two-year low in April. Photo: Xinhua
China’s CSI 300 Index has clawed its way up from a two-year low in April. Photo: Xinhua
READ FULL ARTICLE