China A-share 1H earnings season concluded, Shanghai and Shenzhen stock exchanges report: STAR Market companies posted revenue growth near 40% and net profit up 4.4x YoY; ChiNext companies reported revenue +22.3% YoY and net profit +32.7% YoY. Shanghai-listed real-economy firms increased R&D spending to over 475 billion yuan in 1H, up about 6.5% YoY; Shenzhen-listed real-economy firms’ R&D totaled 377.22 billion yuan, up 6.54% YoY.

2026-09-03

China A-share 1H earnings season concluded, Shanghai and Shenzhen stock exchanges report: STAR Market companies posted revenue growth near 40% and net profit up 4.4x YoY; ChiNext companies reported revenue +22.3% YoY and net profit +32.7% YoY. Shanghai-listed real-economy firms increased R&D spending to over 475 billion yuan in 1H, up about 6.5% YoY; Shenzhen-listed real-economy firms’ R&D totaled 377.22 billion yuan, up 6.54% YoY.