Eight of the 10 largest companies trading on the ChiNext have warned of either profit declines or losses during the first half of this year. Photo: Xinhua Eight of the 10 largest companies trading on the ChiNext have warned of either profit declines or losses during the first half of this year. Photo: Xinhua
Eight of the 10 largest companies trading on the ChiNext have warned of either profit declines or losses during the first half of this year. Photo: Xinhua
Daniel Ren
Opinion

Opinion

Across The Border by Daniel Ren

ChiNext sinks further into the doldrums amid lacklustre company earnings

The board that was meant to be China’s answer to the Nasdaq has never delivered on its early promise. Now things are going from bad to worse

Eight of the 10 largest companies trading on the ChiNext have warned of either profit declines or losses during the first half of this year. Photo: Xinhua Eight of the 10 largest companies trading on the ChiNext have warned of either profit declines or losses during the first half of this year. Photo: Xinhua
Eight of the 10 largest companies trading on the ChiNext have warned of either profit declines or losses during the first half of this year. Photo: Xinhua
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Daniel Ren

Daniel Ren

Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.