The official manufacturing purchasing managers’ index came in at 49.8, slightly beating the 49.5 expected among economists polled by Reuters.
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China’s factory activity contracts less than expected in September, shrinks for fifth straight month
China stocks rally 4% after manufacturing contracts less than feared
Japan’s August retail sales climbed 2.8% year on year, beating Reuters poll estimates of a 2.3% rise, and up from a revised 2.7% rise in July.
China’s financial assets hit $68t, insurance surge 15.7% YoY
This is equivalent to $4.73t. The assets of China’s financial institutions recorded total assets of $68.03t (CN¥480.64t), reflecting a 7% year-on-year increase (YoY), according to data from the People …
China’s September factory activity cools notably, Caixin PMI shows
China’s manufacturing activity shrank sharply in September as new orders at home and abroad cooled, pulling down factory owners’ confidence to near record lows, a private-sector survey showed on …
China property shares jump on easier buying restrictions
Shares of China property developers surged on Monday after first-tier cities such as Guangzhou lifted all home purchase restrictions over the weekend, while Shanghai and Shenzhen announced plans to …
China property shares soar after big cities ease homebuying
A Bloomberg gauge of Chinese property stocks jumped as much as 14% on Monday morning after Shanghai, Shenzhen and Guangzhou relaxed homebuying curbs. The central bank on Sunday also said it will allow …
Hero Group’s chip design unit Tessolve mulls IPO in 3-4 years
Bengaluru-based Tessolve is looking to raise funds for acquisitions and future growth and is seeing interest from global private equity funds, says CEO …
Peking Trio: A symphony of cultures in Beijing
On the evening of Sept 27, the National Center for the Performing Arts in Beijing hosted an enchanting performance by the Peking Trio, a renowned ensemble consisting of violist Su Zhen, clarinetist …
China’s services activity slows, Caixin PMI shows
China’s services activity expansion slowed in September as new business growth hit its weakest in nearly a year even as exports sped up, a private-sector survey showed on Monday.
China’s CATL says expects small impact from fire at battery plant, no casualties
China’s CATL said a small number of products were affected by a fire at its battery factory and the impact on overall production and operations will be small, in comments posted on a Shenzhen Stock…
Japan’s Nikkei set to plunge 6% with Asia markets on course for mixed open ahead of China data
Japan’s Nikkei 225 is set to plunge over 6% on open, based off futures data. The futures contract in Osaka stands at 37,440 compared to the index’s previous close of 39,038.16. China will release its…
Thailand eyes jump in exports to China
The so-called cheap Chinese goods, which have attracted significant public attention in Thailand, mainly consist of daily chemical products, food, etc, accounting for less than 10 percent of China’s …
Authentic Appoints EVP, Head of Greater China
Authentic Brands Group hired Josh Perlman as EVP, head of Greater China. He brings more than 25 years of experience to the company, previously serving as the managing director at Tristate. At Tristate …
