HSBC Flash China Manufacturing PMI at 47.8 in Sep

Source: HSBC, ChinaScope Financial (Data)

+          HSBC data released today shows that the HSBC Flash China Manufacturing PMI for September was 47.8 percent, compared to the final reading of 47.6 percent in August. The index increase may ease market concerns over China’s economic slowdown.

+          The Flash China Manufacturing Output Index stood at 47 percent in September (48.2 percent in August), a ten-month low.

The HSBC flash PMI for September was 47.8 percent, up 0.2 percentage point on August, but still indicating contraction in manufacturing activity.

If you'd like to receive a daily e-mail update of ChinaScope Daily Dim Sum Newsletter, please contact us:newsletter@chinascopefinancial.com. If you'd like to try out ChinaScope Database, apply for a trial here