People walk across a bridge with a stocks indicator board in the financial district of Lujiazui in Shanghai. Photo: AFP
People walk across a bridge with a stocks indicator board in the financial district of Lujiazui in Shanghai. Photo: AFP

Onshore Chinese companies expected to maintain profit growth momentum after turnaround in third quarter

  • Profit growth of Chinese companies will increase to 2.7 per cent in the fourth quarter after rising by 0.1 per cent in previous three-month period, brokerage says
  • The CSI 300 Index of the nation’s biggest stocks slumped 7.8 per cent in October, extending a 26 per cent slump this year

People walk across a bridge with a stocks indicator board in the financial district of Lujiazui in Shanghai. Photo: AFP
People walk across a bridge with a stocks indicator board in the financial district of Lujiazui in Shanghai. Photo: AFP
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