Profits at large Chinese industrial firms rose 14.4% last month from a year earlier, the strongest pace since June, as a boom in AI-related manufacturing offset weak domestic demand. For the first nine months of the year, industrial profits climbed 15.5%. High-tech sectors such as AI and robotics have outperformed consumer-related industries including clothing, autos and furniture, while higher commodity prices from the war in Iran have raised input costs for downstream manufacturers. GDP grew 4.5% in the third quarter and 4.6% in the first nine months, within the government's 4.5% to 5% full-year target, while retail sales rose just 1.1% in September. Shena Yue of Oxford Economics said household demand is the weak link as the property downturn weighs on housing purchases, and China's export strength cannot fully offset domestic weakness.
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/26/2026 | 1,763.55 |
| Change that session | -0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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