Men wearing face masks take a rest while visiting the promenade on the Bund along the Huangpu River in Shanghai during the May Day holiday. With optimism and a heavy dose of caution, millions of Chinese hit the road or visited newly reopened tourist sites during the national holiday. Photo: AFP

Coronavirus triggers China’s weakest corporate earnings in a decade. The worst may be over

  • Profits for more than 3,000 companies on the mainland’s exchanges dropped 42 per cent from a year earlier in the first quarter, according to Soochow Securities
  • Interim results may still face challenges as Covid-19 dampens listed companies’ overseas sales, Ping An Securities says
Topic |   China stock market: Latest news and updates
Men wearing face masks take a rest while visiting the promenade on the Bund along the Huangpu River in Shanghai during the May Day holiday. With optimism and a heavy dose of caution, millions of Chinese hit the road or visited newly reopened tourist sites during the national holiday. Photo: AFP
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