Shanghai Stocks Fall 1%, After Survey Confirms Manufacturing Deterioration

Before we get too enveloped in Euro stuff today, we wanted to take a step back and mention that the HSBC FLASH PMI for China was pretty mediocre.

The print of 48.9 was down from 50.1 last month, and thus also shows contraction.

It’s the first negative reading since last July.

Shanghai shares fell over 1%.


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

china moneygame-us