Members of the MSCI China Index delivered an 8.1% positive earnings surprise for the April-June quarter as the communication services and consumer discretionary sectors helped offset disappointments elsewhere, notably at troubled real estate firms, data compiled by Bloomberg Intelligence show. The performance of the two sectors is crucial given that they account for about half of the MSCI gauge’s weight.
The benchmark CSI 300 Index rose 2.2% this week following a rout through most of August. Meanwhile, forward earnings estimates for MSCI China members have climbed 0.6% from this year’s low at the end of June, according to data compiled by Bloomberg. China’s internet leaders were relatively freer to pursue growth in 2023 after more supportive rhetoric from Beijing, signaling regulators were relaxing policies put in place earlier to constrain what they termed a disorderly expansion of capital by the private sector.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »