China’s industrial profits extend decline to a fourth straight month, dropping 7.3% in November

China's industrial profits decline four straight months, but at a slower rate

A bad news / good news kind of data headline out of China

Asian Shares Mixed as China Reports 7% Industrial Profit Drop

Prime Highlights:  Asian stock markets were mixed after China said industrial profits fell more than 7% in November, the fourth straight month of decline.  The Nikkei-225 jumped 1.8% to 40,285.25 by the close, Japan’s currency fell as concern is growing over delayed interest rates from the Bank of Japan.  Industrial profits in China dropped nearly 5% year-on-year for January-November, adding to ongoing economic worries in the region.  Key Backgr…

China's industrial enterprises' profit decline narrows in Nov

China's industrial enterprises saw a smaller decline in profits in November, with the total profits for major industrial enterprises falling by 7.3 percent year on year to 799.4 billion ($109.5 billion) from October's 10 percent, according to CGTN calculations based on data released by the National Bureau of Statistics on Friday.

China's November industrial profits narrow decline but 2024 likely worst year in decades

China's industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to persistently soft domestic consumption.

China industrial profits set for steepest annual drop since 2000

CHINA’S industrial firms saw their profits drop in November for a fourth straight month, on track for the sharpest annual decline since records began in 2000.

Hong Kong stocks cap weekly gain on prospect of policy support

The profit of Chinese industrial companies fell 7.3 per cent year on year in November for the fourth consecutive month, official data showed.