China PMI rises to 5-month high


The May PMI (official read) of 50.8 was just ahead of estimates for 50.7 and rose from April's 50.4. The HSBC PMI report is due on June 3, but the flash read last week came in at 49.7, also a 5-month high.

Shanghai closed marginally lower on the session, with Hong Kong (EWHgaining 0.3%.

ETFs: FXI, EWH, PGJ, GXC, FXP, YINN, ASHR, YANG, MCHI, PEK, XPP, YAO, YXI, CHXF, FCHI, FCA, CN, CHNA, FHK, KBA

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Comments (2)
  • woop
    , contributor
    Comments (52) | Send Message
     
    Oops, HK and China markets closed today.
    2 Jun 2014, 08:18 AM Reply Like
  • SivBum
    , contributor
    Comments (2695) | Send Message
     
    Hmn! Thought they are working serfs:

     

    Public Holiday Calendar
    The Dragon Boat Festival (June 2nd) is coming! The three-day holiday from May 31st to June 2nd with pleasant early summer weather is a peak travel time in China.
    2 Jun 2014, 09:17 AM Reply Like
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