After a year in the red, firms to be back in black

More than 60 percent or 587 of the 2,852 listed companies with A shares have released positive forecasts for their first-quarter - January-March - results.

Of them, 366 expect positive profit growth. Emerging industries are expected to outperform other sectors.

Companies engaged in telecommunications, electrical ware, mechanical goods, software, information services, special equipment, biochemicals and pharmaceuticals are among the fastest-growing, according to data from China Securities News.