- Chinese manufacturing activity contracted for the first time in six months in January as HSBC PMI fell to 49.5 (flash 49.6) from 50.5 in December.
- The growth of output eased to a marginal pace and jobs were cut at the fastest rate since March 2009, HSBC says, while there were "marked falls in input costs and output charges."
- "A soft start to China's manufacturing sectors in 2014, partly due to weaker new export orders and slower domestic business activities," HSBC says.
- The Shanghai Composite is -0.7%. (PR)
- ETFs: FXI, PGJ, GXC, FXP, CYB, YINN, HAO, CNY, TAO, CHIQ, CHIX, KWEB, ASHR, DSUM, YANG, MCHI, PEK, CQQQ, QQQC, XPP, YAO, CHXX, FXCH, CHII, CHXF, ECNS, YXI, CHIE, CHIM, KFYP, FCA, TCHI, CHNA, CHLC
Chinese HSBC PMI shows contraction
Jan 30 2014, 02:03 ET