China's top consumer companies report earnings, stock market recovery may take time

From Google: 2024-08-23 20:00:00

China’s top consumer companies reported earnings, indicating that stock market recovery may take some time. These companies include Kweichow Moutai, Yili Group, Wuliangye, and others. Despite premium valuations, investors are cautious due to lingering effects of COVID-19 and regulatory crackdowns. Market analysts are advising patience and monitoring for future developments.



Read more at Google: China’s Top Consumer Earnings Show Stocks Recovery Is a Ways Off – BNN Bloomberg