H1 earnings: Down a tad but still solid

Interim results of the A-share companies for the first half showed earnings were strong, which could shore up market this year, experts said.

"A-share earnings growth in the first half has slowed but remained solid," said Gao Ting, head of China strategy at UBS Securities. "Given a high base in the same period last year, we see the level of growth as decent, which will likely shore up the market."

As of Aug 31, a total of 2,929 A-share companies had released their interim results for the first half. Their net earnings totaled 1.38 trillion yuan ($206.6 billion), down 4.7 percent year-on-year, according to data from the Shanghai Stock Exchange and the Shenzhen Stock Exchange.