TREE NEWS reports: Thirty-eight listed Chinese companies had disclosed preliminary results for the first three quarters of 2026 as of September 21, with about 60% expecting year-on-year profit growth. AI supply-chain firms stood out, with GPU, packaging and testing, and precision manufacturing companies posting high growth on surging computing demand, while biopharma and new energy also improved on higher volumes and prices.
38 China A-Share Firms Pre-Announce Q1-Q3 Results, About 60% See Profit Growth
AI take
The concentration of profit growth in AI supply-chain names — GPUs, packaging and testing, precision manufacturing — suggests computing demand is translating into earnings rather than staying a purely narrative-driven theme. The simultaneous improvement in biopharma and new energy, framed as volume- and price-led, points to a broadening of the recovery beyond a single sector. With only 38 firms reporting, this is an early and partial signal; whether the AI supply chain's lead persists as more pre-announcements arrive is the open question.
Generated by AI for reference only.
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