China stock rally unlikely to find support in earnings as economy slows

Investors counting on corporate results to jumpstart China’s stock rally may have to look beyond the current quarter for clues, given a faltering economy and the limitations of stimulus efforts.

While earnings-per-share projections for members of China’s benchmark CSI 300 index have seen an upward revision of 1.5% since the low in September, they remain near the bottom six years, according to data compiled by Bloomberg. The gauge has pared some gains from a 35% rise since a September low as traders await further fiscal measures.