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2025-06-27 16:13:49 The National Bureau of Statistics (NBS) released a monthly report on industrial economic benefits, which showed that China's total profits of industrial enterprises above the designated scale in 5M25 dropped by 1.1% YoY, according to Minsheng Securities' research report. Although the risk of a trade conflict between the US and China has eased in stages, the tariff impact has only begun to emerge in the profits of industrial enterprises. The YoY growth rate of industrial enterprises turned sharply negative from +3% in April to -9.1% in May. There is a certain lag in the impact of tariffs on corporate profits, and the impact of the US tariff hike on corporate profit is gradually beginning to “materialize”. ~ AAStocks Financial News Website: www.aastocks.com | |