Chinese Economics Thread

manqiangrexue

manqiangrexue

Brigadier
magmunta said:
The third consecutive monthly decline in factory activities. Trade tensions are to be blamed mainly.
Please, Log in or Register to view URLs content!
Click to expand...
Which means absolutely nothing when the big chart is pulled up.
chart.png

Meanwhile:
 

Attachments

  • Presentation1.jpg
    Presentation1.jpg
    141.3 KB · Views: 46
C

CMP

Senior Member
Registered Member
manqiangrexue said:
Which means absolutely nothing when the big chart is pulled up.
chart.png

Meanwhile:
Click to expand...
Thanks for reminding me why this poster is on my ignore list. I'm sick and tired of propagandists, peanut gallery, and cheerleaders pointing to cherry picked data points, intentionally not putting anything in context. Obviously with the intention of generating a certain response from the target audience.
 
Wrought

Wrought

Senior Member
Registered Member
Caixin PMI is back into positive territory, contrasting with official PMI.

The Caixin/S&P Global manufacturing PMI rose to 50.4 in June from 48.3 in May, surpassing analysts' expectations in a Reuters poll. The 50-mark separates growth from contraction. The reading contrasts with China's official PMI on Monday that showed factory activity shrank for a third straight month.
Click to expand...

Please, Log in or Register to view URLs content!

Note that it's very normal for the two numbers to diverge, as they tend to measure different segments.
 
sunnymaxi

sunnymaxi

Major
Registered Member
After years of lackluster IPO activity, Hong Kong is back on track to be the world's No. 1 listing destination. So far this year, there have been 41 initial public offerings in the city, Dealogic data show. At US$13.66 billion, offering proceeds have already surpassed the total sum raised during 2024.

Please, Log in or Register to view URLs content!
 
You must log in or register to reply here.
Top