China's January to September industrial profit fell by 3.5% y/y to 5.23 trillion yuan.-NBS Sept. profit fell by 27.1% y/y vs fell 17.8% in Aug.
For January-September: China's state-holding enterprises' profit dropped by 6.5% y/y to 1.72 trillion yuan Joint-equity's profit down by 4.9% to 3.9 trillion yuan Foreign ventures+HK+MO+TW rose 1.5% to 1.3 trillion yuan Private enterprises -0.6% to 1.4 trillion yuan
From Jan. to Sept., the profit in China's mining sector fell by 10.7% y/y(vs 9.2%) to 0.89 trillion yuan. The manufacturing sector fell by 3.8%(vs +1.1%) y/y 3.73 tln yuan. The electricity, heating, gas, and water supply sector +12.1%(vs 14.7%) to 5.99 billion yuan.