皇冠登1申请(www.huangguan.us)是皇冠体育官方信用网线上开放的登入1代理开户申请业务。皇冠登1申请开放信用网和现金网登1代理申请、信用网和现金网会员注册、线上充值线上投注、线上提现、皇冠官方APP下载等业务。皇冠登1申请开户提供皇冠官网管理端登录线路、皇冠官网会员端登录线路,皇冠官网手机网址、皇冠官网最新网址导航等服务。

首页社会正文

进入欧博app:Biggest profit drop in Asia since start of pandemic

admin2022-08-277

进入欧博appwww.aLLbet8.vip)是欧博集团的官方网站。进入欧博app开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

Earnings per share for MSCI Asia-Pacific Index members slid 16% in the three months through June from a year earlier, the steepest decline in eight quarters, according to analyst estimates compiled by Bloomberg Intelligence. That contrasts with a 9% gain seen for companies in the S&P 500 Index even as the US economy edges toward a recession.

HONG KONG: Asian stocks just can’t catch a break. Fresh from being whipsawed by rising geopolitical tensions over Taiwan, they now face what’s forecast to be the worst earnings season since the start of the pandemic.

Earnings per share for MSCI Asia-Pacific Index members slid 16% in the three months through June from a year earlier, the steepest decline in eight quarters, according to analyst estimates compiled by Bloomberg Intelligence.

That contrasts with a 9% gain seen for companies in the S&P 500 Index even as the US economy edges toward a recession.

The prospect of dwindling profits adds to the negatives, putting the index on course for its worst annual performance since 2018.

These include China’s lockdowns – a key reason for the region’s poor earnings show, a slowdown in the semiconductor cycle, and the political furore over US House Speaker Nancy Pelosi’s trip to Taipei. While the Asian stock benchmark just capped a fourth week of gains as US inflation slowed, the durability of the recovery is already being questioned.

,

ERC20-usdt/TRC20-usdt互换www.u2u.it)是最高效的ERC2换TRC20,TRC20换ERC20的平台.ERC2 USDT换TRC20 USDT,TRC20 USDT换ERC20 USDT链上匿名完成,手续费低。

,

“All the elements are not in place for a sustainable up-move,” said Rajat Agarwal, an Asia equity strategist at Societe Generale SA.

Earnings have yet to enter a new cycle, geopolitical tensions would continue to be priced in, and financial conditions remain restrictive, he said.

A slowdown in China is one of the major factors pushing down regional earnings, particularly as mainland firms make up about 20% of the MSCI Asia gauge. Profits for MSCI China Index constituents are expected to slide 12% in the June quarter from a year ago, dragged down by virus curbs, a cratering in the property market, and dislocated supply chains. Weakness in export-oriented sectors such as semiconductors is also hurting. Analysts have cut back estimates at South Korea’s chip-making giants Samsung Electronics Co by 16% and SK Hynix Inc by 34% from their recent peaks, citing falling global demand for electronics such as mobile phones and personal computers.

“What’s happening in the United States and Europe, companies pulling back on investments, that to me is the burden on tech hardware earnings right now,” said Tai Hui, chief Asia market strategist at JPMorgan Asset Management in Hong Kong.

Still, there are some positive signs for Asian stocks too. A halt in the dollar rally is encouraging fund flows into a number of markets this quarter. Overall, global investors have boosted holdings of shares in the region’s emerging markets outside of China for four straight weeks, the longest streak since January. — Bloomberg

网友评论