China industrial profits post strongest growth in three months, rising 14.4%

AI Summary

China’s industrial profits rose 14.4%, the strongest growth in three months. The article attributes the increase to the global AI boom and higher commodity prices linked to the war in Iran, which lifted earnings among miners, chipmakers, and raw-material suppliers.

The global AI boom and higher commodity prices stemming from the war in Iran have lifted earnings at miners, chipmakers and raw-material suppliers.