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  • April 21, 2014
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  1. Comment - Insight & Opinion

    Lessons learned bode well for Asian business

    Posted Dec 24th 2012, 12:00am by HSBC

    ... in the chain. HSBC has noticed much keener demand for banking solutions that promote connectivity between companies, between countries and between regions. The preference for connectivity has been ... the past year, but despite these difficulties and the slowdown in China, we are seeing green shoots of a cautious optimism beginning to emerge. Noel Quinn is HSBC's regional head of commercial ...

  2. Business - Economy

    HSBC final PMI for China edges down from October

    Posted Dec 02nd 2013, 11:42am by Agence France-Presse in Beijing

    ... Agence France-Presse in Beijing Chinese manufacturing activity expanded at a slightly slower rate last month, supported mainly by domestic demand, a private survey for HSBC reported on Monday. HSBC’s final purchasing managers index (PMI) stood at 50.8, the second-highest reading in eight months, despite easing marginally from October’s 50.9, the bank said. However, it is well up ...

  3. Business - Economy - MANUFACTURING

    Drop in HSBC flash PMI confirms weakness in Chinese economy

    Posted Mar 24th 2014, 10:46am by BLOOM

    ... Bloomberg in Beijing Mainland manufacturing contracts in survey, highlighting hurdles to hitting growth targets Drop in flash PMI signals Chinese economic weakness An index of mainland ... HSBC and Markit Economics dropped to 48.1 this month, the companies said yesterday. The preliminary reading compares with the 48.7 median estimate of 22 analysts surveyed and last month's ...

  4. Business - Economy - ECONOMY

    China’s HSBC flash PMI sinks to three-month low, but rebound signals stay

    Posted Dec 16th 2013, 11:30am by Reuters

    ... The flash Markit/HSBC Purchasing Managers’ Index (PMI) fell to 50.5 from November’s final reading of 50.8, but for a fifth consecutive month remained above the 50 line which separates expansion ... HSBC Flash China Manufacturing PMI reading slowed marginally from November’s final reading,” said Hongbin Qu, chief economist for China at HSBC, in a comment accompanying the PMI. “But it still ...

  5. Business - Money

    China official PMI edges up, HSBC's PMI sinks

    Posted Aug 01st 2013, 09:12am by Reuters

    ... to 50.3 in July, from 50.1 in June. Analysts polled by Reuters had expected the PMI to come in at 49.9. The HSBC Purchasing Managers’ Index (PMI), compiled by Markit Economics Research, fell ... while manufacturing has fluctuated between 49.2 and 50.9. The official services PMI for July will be released on August 3, followed by the HSBC services PMI on August 5. China’s annual economic ...

  6. Business - Economy

    HSBC final China PMI edges up to 50.2, as domestic demand stays subdued

    Posted Sep 30th 2013, 10:20am by Reuters

    ... for a subdued domestic market, a private survey showed, suggesting Asia’s economic powerhouse is starting to turn the corner, though a firm rebound remains elusive. The final HSBC purchasing managers’ index (PMI) edged up to 50.2 in September from August’s 50.1, although that was below last week’s flash reading of 51.2, with domestic orders proving to be weaker than preliminary estimates ...

  7. Business - Economy

    China services activity picks up in March

    Posted Apr 03rd 2014, 09:30am by Reuters

    ... as persistent weakness in manufacturing has reinforced fears of a sharper-than-expected economic slowdown. The Markit/HSBC services purchasing managers index (PMI) rose to 51.9 in March from ... services PMI showed a slight dip in the sector's growth in March, to 54.5 from February's 55, but activity remained well in expansion territory. "The HSBC China Services PMI suggests ...

  8. Business - Economy

    Chinese factory activity expands more slowly, HSBC final PMI shows

    Posted Jan 02nd 2014, 10:00am by Reuters in Beijing

    ... consistent with views the economy’s growth rate has moderated into the end of the year. The final HSBC/Markit manufacturing Purchasing Managers Index (PMI) slipped to 50.5 from 50.8 in November, unchanged from a preliminary reading. “The recovering momentum since August last year is continuing into this year, in our view,” said Qu Hongbin, chief China economist at HSBC. “With inflation ...

  9. Business - Economy

    Growth eases in Hong Kong private sector as orders from mainland jump, HSBC PMI shows

    Posted Jan 06th 2014, 10:52am by Reuters

    ... 10-month peak. The HSBC purchasing managers index (PMI) for December fell to 51.2 from 52.1 in November. A reading above 50 indicates expansion. A figure below 50 denotes contraction. New orders ... orders are still rising faster than their historical average rates,” Qu Hongbin, HSBC’s chief China economist, said in a statement. “There was an overall contraction in employment, ...

  10. Business - Economy

    China manufacturing shrinks for first time in 7 months

    Posted May 23rd 2013, 10:20am by Reuters

    ... fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world’s second-largest economy is sputtering. The flash HSBC Purchasing Managers’ Index (PMI) for May fell to 49.6, slipping under the 50-point level demarcating expansion from contraction for the first since October. The final HSBC PMI stood at 50.4 in April. A sub-index measuring overall ...




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