Hong Kong stocks climb on China PMI report; ICBC leads banks higher

Quick Summary:

China’s official manufacturing purchasing managers’ index rose to 50.1 in October from 49.8 last month.

The policy intention to achieve the 5 per cent growth target [has been put] into action.

Beijing Biostar Pharmaceuticals rallied 43 per cent to HK$22.85 in Hong Kong.

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Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChina

Topics: Manufacturing Official Cent Purchasing China’s China Index Hong Rose Yuan Kong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 10:25:10 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 327 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23344621

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