0649 GMT - Strong earnings could continue to support Chinese shares' rally, HSBC analysts say in a research note. Earnings of A-share companies rose 11.5% on year in 3Q, led by materials and information tech stocks, the analysts say. Together with abundant liquidity and policy support, that should provide another leg to the Chinese equities rally. The HSBC analysts note a disconnect between A-share earnings and the weak Chinese economy, partly due to differences in sector weightings. The property sector is underrepresented in the A-share market, while industrial, information tech and financial companies are overrepresented, HSBC adds. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
November 19, 2025 01:49 ET (06:49 GMT)
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