Wang Yang, an analyst with Soochow Securities based in Suzhou, Jia
ngsu province, said that apart from the economic recovery underpinned by su
pportive policies, cyclical factors also imply that earnings growth will continue to recover in the rest of the year.
According to Wang, the current profit cycle of A-share companies started from 2
016 and should end with recovery this year, as the cycles usually last for 12 to 14 quarters.
This year’s gradual recovery in earnings growth could help the A-share market to withstan
d external uncertainties, said Yan Xiang, an analyst with Shenzhen-based Guosen Securities.
“It is quite different from 2018 when earnings growth of most companies deteriorated. Earn
ings growth, a determinant of the market trend, is likely to be on the recovery path,” Yan said in a note.
difficult it was to take the picture and the occasions when will be used,” he added.
Chen Jing, another Beijing lawyer, said, “Footage and photos have yet been priced as stan
dardly as written work, and without clear pricing, some companies may sell the images at an unreasonably high
price or claim an expensive compensation but fail to make a reasonable payment to the authors,” said.
“It results in the authors not being able to have adequate rights prot
ection, consumers paying too much and companies gaining relatively high profits, whic
h, from our current analysis, are illegitimate,” said Chen, from the Commerce & Finance Law Office.
She agreed with Wang on improving laws to change the situatio
n, and told China Daily a new version of Chinese Copyright Law is being discussed.
Nine China’s listed auto companies — Geely, Great Wall, JMC, FAW Car, TianJin FAW Xiali, BYD, BAIC, GAC, S
AIC — announced their 2018 financial results, news portal National Business Daily reported on Thursday.
The portal said the vehicle sales and net profits of Geely and SAIC increased in 2018, while the figures of JMC and FAW Car decreased.
Geely reported its revenue rose 15 percent year-on-year to 106.6 billion yuan last year, the net profits attributable to s
hareholders increased 18.05 percent to 12.55 billion yuan, and the vehicle cumulative
sales (including the company’s subsidiary brand LYNK&CO) reached 1.5 million units, surging 20 percent.
Great Wall’s revenue and vehicle sales in 2018 were 99.23 billion yuan
and 1.04 million units, respectively, a 1.92 percent and 1.63 percent decline from a year ear
lier, while its net profits attributable to shareholders saw a rise of 3.58 percent to 5.2 billion yuan.
l independence also seemed to be crucial contributors to the lower marriage rates.
A report released this month by Beike Zhaofang — a major housing trading platform — said
women’s purchasing power has been increasing, with 47.9 percent of its buyers being female. And amo
ng female buyers, 74.2 percent said they have not received financial assistance from their partners.
Almost 30 percent said they bought homes on their own, without even a helping hand from their parents, the report said.
A graduate student surnamed Xu in Tianjin, 24, who has opted to stay single so far, said
women can now pursue furthering their educations, enter the workplace or start a business, which sets the
m apart from their counterparts 30 years ago who had little choice other than to wed when they came of age.
“The changes have greatly reduced the appeal of marriage and childbearing for women,” she said.