China’s Stocks Head for Longest Monthly Losing Streak Since 2004

China’s Stocks Head for Longest Monthly Losing Streak Since 2004

Nelson Ching/Bloomberg

China Eastern lost 0.3 percent to 3.40 yuan. The carrier said first-half profit tumbled 65 percent, joining China Southern Airlines Co. and Air China Ltd. in reporting lower profit after fuel prices rose and traffic growth cooled.