China-listed stocks show better 1H results; 2H prospects weak

On average, China''s listed companies increased their earnings in the first half, but prospects look bleak for year-end says CLSA.

For the first half of 2001, earnings per share (EPS) for domestically listed Chinese companies averaged Rmb0.1025, up 3.2% on-year, while average return on equity (ROE) was 4.1% compared to 5.0% a year ago, according to research from investment bank CLSA. 

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