‘Tis relentless and has a very long way to run. Morgan Stanley with more. Major Deterioration in 4Q23 Earnings Pre-AnnouncementsOur China Equity Strategy team’s quarterly tracker of earnings pre-announcements showed that 4Q23 earnings alerts have deteriorated sharply. As of February 5, 34% of MSCI China companies issued alerts, and the pre-announcements (by number of companies)
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