Free Trial

Listed companies' earnings could........>

CHINA PRESS
MNI (London)
CHINA PRESS: Listed companies' earnings could increase between 3 and 9% due to
the government's CNY2 trillion of tax and fee cuts this year, China
International Capital Corporation, a leading investment bank, said. Upstream and
manufacturing industries such as coal, auto, real estate and medicine will
benefit the most from the cuts, the report said. Food and beverage, health care,
home appliances, retail, catering and tourism will also benefit from improved
corporate profits and increased disposable income, other than the direct cuts.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.