HSBC's private China PMI - weighted more toward smaller private companies than the official...

|By:, SA News Editor

HSBC's private China PMI - weighted more toward smaller private companies than the official estimate's big state-owned bias - shows even more contraction, slipping to 47.7 from October's 51.0 (and against last week's flash estimate of 48). S&P E-mini futures now -0.3%; the aussie sinks again, -0.72% against the U.S. dollar.