The business activity in the US manufacturing sector contracted at an accelerating pace in May, with the ISM Manufacturing PMI dropping to 48.7 from 49.2 in April, below the market expectation of 49.6. After seven months of contraction, the employment…
Hong Kong market performance (last week) Source: Bloomberg Sectors performance (HK) Source: Bloomberg Hang Seng Index stocks ’performance Source: Bloomberg Southbound stocks performance Source: Bloomberg China economic data US market performance (last week) Sectors performance (U.S) Source: Bloomberg, finviz Source:…
In May, the Caixin China General Manufacturing PMI rose 0.3 points from the previous month to 51.7, a record high since June 2022 and in the expansion range for four consecutive months. This trend was not consistent with the manufacturing…
