Chinese ‘white horses’ issue surprise profit warnings before earnings season kicks off

https://ift.tt/eA8V8J
Chinese stock traders are bracing themselves for bad news during the upcoming earnings season after two “white horses” caught investors off guard with their profit warnings.Dong-E-E-Jiao, a Chinese traditional pharmaceutical company, that had posted profit increases for 12 consecutive years, and Han’s Laser Technology Industry Group, once a favourite among foreign investors, said in exchange filings that first-half earnings may have dropped significantly.Both stocks plunged by the 10 per cent…

Vía https://ift.tt/2jYY2ns

Comment or Tag a Friend!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close