Zhang Xia, an analyst for China Merchants Securities says Shell companies are no longer a scare resource and pursued by investors. Instead, investors prefer blue chips with bigger market caps and solid performance. Photo: AP
Opinion
Opinion
Across The Border
A-share company earnings growth to slow sharply in next three quarters: analysts
During Q2, non-financial A-share companies saw earnings grow an average 27pc, down sharply from the first quarter’s 54pc, according to stats compiled by Bank of America Merrill Lynch
Zhang Xia, an analyst for China Merchants Securities says Shell companies are no longer a scare resource and pursued by investors. Instead, investors prefer blue chips with bigger market caps and solid performance. Photo: AP