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Tag Archives: HSBC
Flash China Manufacturing PMI at 47.8, 2-month high
Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief Economist, China & Co-Head of Asian Economic Research at HSBC said: “China’s manufacturing growth is still slowing, but the pace of slowdown is stabilising. Manufacturing activities remain lacklustre, thanks … Continue reading
HSBC China Flash PMI At 49.5, 5-month High
Markit reported the HSBC China Flash PMI increased to a 5-month from 48.2 in June to 49.5 in July. Manufacturing is still contracting but the reading shows the Chinese economy may be bottoming. Here’s Hongbin Qu, Chief Economist, China … Continue reading
HSBC Korea Manufacturing PMI Falls to 51
Markit reports, Growth of South Korean manufacturing output lost momentum in May, slipping to the weakest in the current four-month period of expansion. New order growth held up relatively well in comparison, with the latest increase only slightly weaker than … Continue reading
China’s Dueling PMIs: Official Expands, HSBC Contracts
The markets must make a choice on Monday as to what China Purchasing Managers’ Index — official or the HSBC — they want to focus on and believe. The official data released today by National Bureau of Statistics shows the … Continue reading
China HSBC Flash PMI At 4-Month Low
The HSBC Flash China Manufacturing PMI is showing further contraction. Could worries over China slowing, coupled with renewed jitters in Europe, be the catalyst for the long awaited correction in global equities? That’s how we’re positioned, but recognize it’s a … Continue reading
Posted in Black Swan Watch, China, Economics
Tagged China PMI, Correction, HSBC, Stock Market
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China Flash PMI At 4-month High
From today’s Markit release, Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief Economist, China & Co-Head of Asian Economic Research at HSBC said: “Growth remains on track of slowdown, despite the marginal improvement in the headline flash … Continue reading