APAC Daily Chart Book - APAC Daily Chart Book
Industrial profits rose 1.4% on a YTD basis compared to a year ago and 3% y/y compared to 2.6% y/y in March. This was stronger than markets expected and reflects higher earnings in the equipment and high-tech manufacturing sectors. Private enterprises continued to outperform at 4.4% on a YTD basis, followed by foreign invested at 2.5% y/y and share
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