China Cinda Warns of First-Half Profit Drop as Property Slump Weighs

China Cinda Asset Management Co. Ltd. said net profit attributable to shareholders for the first half of 2026 is expected to fall 60% to 70% from a year earlier, underscoring the pressure still facing China’s biggest distressed-debt managers as the property downturn continues to weigh on earnings.

The Hong Kong-listed company also said overall net profit for the six months ended June 30 is expected to decline 20% to 25% year on year.