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Market Impact: 0.35
China industrial profit growth in July slumps to 7-month low of 11.2%
Source: CNBC
Economic DataConsumer Demand & RetailCredit & Bond Markets
China industrial profits growth slowed to the weakest pace this year, rising 11.2% year-over-year. The deceleration signals easing momentum in underlying corporate earnings power, which is a mild negative for regional risk sentiment and may weigh on expectations for credit and bond demand.
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mildly negative
Sentiment Score
-0.25
Ticker Sentiment
YYYH-0.25
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