China HSBC August services sector PMI shows
growth
- China August HSBC services PMI: 52.8 versus 51.3 previous.
- "Firms in the survey reported that stronger demand and promotions lifted new orders, which rebounded to 53.2 in August," Reuters notes, adding that the employment sub-index contracted for the first time since April.
- The reading is largely consistent with the official non-manufacturing PMI print.
- Shanghai Composite -0.2%
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