Oct 08, 2024 06:38 PM
RESEARCH & ANALYSIS
Analysis: Chinese Companies’ Revenue Decline Looms Over GDP Growth
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In the first six months of this year, the total revenue of the listed companies dipped 1% year-on-year. Among 11 main industry categories, real estate was the worst performer. Photo: VCG
The financial data of Hong Kong- and Chinese mainland-listed companies have reflected a notable slowdown in China’s economy since 2021. Their latest interim reports showed no sign that the trend was changing.
Our analysis is based on nearly 4,200 companies listed in Hong Kong or the mainland that have financial data available after 2010. These companies are representative of various segments of China’s economy.
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