1 in 4 listed Chinese companies post losses as AI, rest of economy diverge

Real estate groups, carmakers can't escape domestic demand slump Chinese chipmaker CXMT benefited from an AI tailwind to swing to a net profit in the first half of the year. © AP HONG KONG — A quarter of China-listed companies logged net losses in the first half of this year despite overall net profit growth of around 20% in the group, with chipmakers surging on artificial intelligence-related demand while other sectors slumped.

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