Chinese companies net profit declines amid zero-Covid policy, real estate crisis

Hong Kong, September 3 (ANI): More than 4,800 Chinese companies listed in Shanghai, Shenzhen and Beijing posted a decline in net profit as the zero-Covid policy and a real estate crisis take a toll on the country's listed companies.

Chinese company profits are collapsing like 2020 again and are suffering one of its worst earnings recessions on record, reported CNN.

As per the now released earnings for the first half of th