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China’s industrial profits continues to shrink in November at slower pace

Industrial profits increased 2.7% year-on-year in October alone, the third straight month of growth, supported by recent stimulus measures from Beijing.

Markets now look ahead to manufacturing activity figures for November later this week.

ETFs: (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE), (CHIX).

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