Press "Enter" to skip to content

A record high number of Chinese listed firms made losses in 2018

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

A record high number of Chinese listed companies made losses in 2018 and the situation didn't improve much in the first quarter, as economic slowdown bites.  Notably, the number of companies which attribute the losses to good-will write-offs also hit a record high last year.

According to data from the Wind Information based on earnings, 452 listed companies made losses in 2018, the highest number on record, nearly twice the number of 227 companies in 2017.

Total . . .

To continue reading, please subscribe. You will get

 

  • IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
  • THE WIRE  - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
  • DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare. 

 

FREE TRIAL cancel anytime

 

We highly value independence. We are solely funded by subscriptions from intelligent readers like you. 

Already have an account? Sign In

Top