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China’s Earnings Setback Sows Fresh Doubts About Stock Rebound

(Bloomberg) -- China’s stock market is facing darker prospects after a weak earnings season dashed hopes for any imminent recovery in flagging consumption that has weighed on the world’s No. 2 economy.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe Outsized Cost of Expanding US RoadsEarnings per share for the MSCI China Index fell 4.5% from the year earlier in the second quarter, its worst in five quarters, ac