Mon, 16 Jul 2012 07:47:09 GMT
Stocks in China lose value as the concern for earnings rises
China's
stocks weakened, as there have been issues regarding the
earnings in the overall market, as announced by Cen Liqiu, strategist at
Jianghai Securities Co. The Shanghai Composite Index and the CSI 300
Index lost 1.3% and 1.5%
respectively. The ZTE Corp, China's second
largest telecommunication equipment producer, lost 10% after the net
profit has decreased by 80% in comparison with