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Market Impact: 0.35
China’s Industrial Profit Growth Slows to Weakest This Year
Source: Bloomberg
Economic DataConsumer Demand & RetailCommodities & Raw MaterialsCorporate Earnings
China’s industrial profit growth slowed for the third straight month to the weakest pace of the year, reflecting a cooling economy that is weighing on both production and price gains. The sequential weakening suggests margin/earnings pressure risk for China-exposed equities, which may cap near-term sector momentum.
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