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HONG KONG: Uptick in PMI May Show Early Impacts from China Stimulus.

HONG KONG
  • S&P Global PMI for Hong Kong released today rose to 50 from 49.4 in August.
  • This represents the highest reading since April.
  • Output is up from 49 to 49.6, however it is now the fifth successive month of contraction.
  • New orders the highest reading since March 2024.
  • The slight uptick may represent the early signs of potential impacts from the stimulus measures announced in China.  
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  • S&P Global PMI for Hong Kong released today rose to 50 from 49.4 in August.
  • This represents the highest reading since April.
  • Output is up from 49 to 49.6, however it is now the fifth successive month of contraction.
  • New orders the highest reading since March 2024.
  • The slight uptick may represent the early signs of potential impacts from the stimulus measures announced in China.