Stocks in China lose value as the concern for earnings rises

Note: This section contains information in English only.
Source: Bloomberg
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 2011.
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