Briefly

Listed firms forecast bright first-half show

Some 70 percent of around 1,700 A-share companies that released forecasts of their first-half financial performance said they expect strong results, according to media reports. Seven companies are expected to achieve net profits attributable to shareholders of more than 10 billion yuan ($1.55 billion) each, while more than 600 firms are estimated to see net profits top 100 million yuan each.

Beijing's GDP rises 13% in Jan-June

Beijing's GDP was 1.92 trillion yuan ($297 billion) in the first half, up 13.4 percent year-on-year. The added value of secondary industry soared 32.5 percent to 329.3 billion yuan, while that of the city's tertiary industry rose 10.1 percent to 1.6 trillion yuan.

Xinhua