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90% of Companies Listed on Shanghai Stock Exchange Reported Profit in 2023 1st Half, Less than 50% of Star Market Achieved Profit Growth
1st September 2023 | Hong Kong
90% of companies listed on Shanghai Stock Exchange (SSE) had reported profit in 2023 1st half, while less than 50% of Shanghai Stock Exchange (SSE) Star Market achieved profit growth. Earlier in August 2023, Hong Kong Exchange (HKEX) hosted a reception to celebrate the first China H-share listing 30 years ago in 1993, with Tsingtao Brewery the first H-share company to list on Hong Kong Exchange (HKEX) on 15th July 1993. At the end of July 2023, there are more than 1,400 China H-share companies, red chip & mainland private enterprises listed on HKEX, representing 77% of the total Hong Kong Exchange $4.7 trillion (HKD 36.9 trillion) market capitalization.
“ 90% of Companies Listed on Shanghai Stock Exchange Reported Profit in 2023 1st Half, Less than 50% of Star Market Achieved Profit Growth “
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