Foreign-exchange losses from yuan conversions are increasingly pressuring Chinese corporate profits, highlighting currency strength as a new earnings risk. Goldman Sachs said Eoptolink Technology’s Q1 profit missed expectations due largely to FX losses, while Citigroup attributed Sungrow Power Supply’s earnings decline to a 400 million yuan ($58.6 million) foreign-exchange loss. Chanson & Co.’s Shen Meng said geopolitical conflicts may trigger short-term exchange rate volatility, affecting busin

Foreign-exchange losses from yuan conversions are increasingly pressuring Chinese corporate profits, highlighting currency strength as a new earnings risk. Goldman Sachs said Eoptolink Technology’s Q1 profit missed expectations due largely to FX losses, while Citigroup attributed Sungrow Power Supply’s earnings decline to a 400 million yuan ($58.6 million) foreign-exchange loss. Chanson & Co.’s Shen Meng said geopolitical conflicts may trigger short-term exchange rate volatility, affecting businesses, though long-term impact may be limited, with uncertainty over the conflict’s duration remaining a key concern.