China PMI rises to 5-month high

|By:, SA News Editor

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%.

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