is a reputed website selling apple developer account, providing us, China and worldwide developer individual accounts for sale. It's at low price and good quality. Always provides satisfying services!


aws账号( stocks hurt as profit forecasts at 12-year low versus world



aws账号提供aws账号、aws全区号、aws32v账号、亚马逊云账号出售,提供api ,质量稳定,数量持续。另有售azure oracle linode等账号.

CLICK TO ENLARGESINGAPORE: Analyst estimates for Asia’s corporate profits have fallen to more than a decade low relative to global peers, and further downgrades are on the horizon as China’s economic growth slows and global supply constraints remain.

After soaring past pre-pandemic levels on vaccine and reopening optimism, the 12-month forward earnings-per-share forecasts for MSCI Asia Pacific Index members began to drop in mid-September, led by cuts in Australia, South Korea and some South-East Asian countries such as Malaysia, according to data compiled by Bloomberg.

Businesses and share prices in the region have suffered as economies have remained closed for longer than in the West, with China maintaining a Covid Zero policy and also cracking down on private enterprises.

As supply chain bottlenecks add to worries about monetary policy tightening and energy shortages-fueled inflation, traders see earnings projections taking a further hit before climbing back up next year.

“Several indicators suggest an earnings revision downcycle is emerging,” Goldman Sachs Group Inc strategists including Alvin So wrote in a report.

Goldman cut its projections for earnings-per share growth of MSCI Asia Pacific excluding Japan Index members to 32% for this year and 9% for the next, down from previous forecasts of 34% and 11%. Its estimates for mainland China, Hong Kong and the Philippines are below the consensus.

A key concern for Asia investors is that China’s regulatory clampdown and its property sector curbs haven’t been fully included in earnings revisions yet, and travel restrictions may be kept in place to ensure the Beijing 2022 Olympics are a success.

Chinese stocks are the region’s worst performers this year, a key reason for Asia’s underperformance versus global peers.

“China will be quite closed particularly provincially until the Olympics and that could damp growth,” Sean Taylor, Asia-Pacific chief investment officer at DWS told Bloomberg Television.

The MSCI Asia Pacific Index is little changed for the year, versus a gain of at least 18% for its United States and European counterparts. China’s CSI 300 Index is down almost 5%.

Meanwhile, South Korean forecasts are struggling as profit growth at heavyweight chipmakers such as SK Hynix Inc and Samsung Electronics Ltd is expected to slow as memory chip prices appear to be peaking. — Bloomberg



Popular tags