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Net income at Chinese industrial companies rose 6.3% on year to 502.4B yuan ($82B), but the...

Net income at Chinese industrial companies rose 6.3% on year to 502.4B yuan ($82B), but the growth fell sharply from 15.5% in May amid a cooling economy, increasing costs, moderating demand and overcapacity. Income from main business operations slipped 2.3% after climbing 8.8% a month earlier. In January-June, net earnings rose 11.1% to 2.58T yuan vs growth of 12.3% in January-May.
Comments (3)
  • Mind
    , contributor
    Comments (210) | Send Message
     
    Bottom line = China value or FXP (short china) ? thanks
    28 Jul 2013, 04:51 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5991) | Send Message
     
    Mind,

     

    For what its worth, the (FXI) (long china) chart appears to have put in a double bottom @ 31 ..
    28 Jul 2013, 01:21 PM Reply Like
  • Mind
    , contributor
    Comments (210) | Send Message
     
    thanks
    28 Jul 2013, 04:15 PM Reply Like
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