Hong Kong and China shares started May on a weaker footing on Thursday as soft China manufacturing data put growth-sensitive counters on the defensive as mainland markets returned from a three-day public holiday.
The final China HSBC Purchasing Managers’ Index (PMI), released on Thursday, dropped to 50.4 in April from March’s 51.6 and was largely in line with a flash reading last week of 50.5.
China’s official PMI on Wednesday fell to 50.6 in April from an 11-month high of 50.9 in March. Reported by S.China Morning Post 4 minutes ago.
The final China HSBC Purchasing Managers’ Index (PMI), released on Thursday, dropped to 50.4 in April from March’s 51.6 and was largely in line with a flash reading last week of 50.5.
China’s official PMI on Wednesday fell to 50.6 in April from an 11-month high of 50.9 in March. Reported by S.China Morning Post 4 minutes ago.