April 3, 2025
China Caixin Services Pmi Rises to Three-Month High 51.9; Hang Seng Index Reacts thumbnail
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China Caixin Services Pmi Rises to Three-Month High 51.9; Hang Seng Index Reacts

Beijing’s Policy Support Drove Service Sector Gains, Yet Firms TrimMed Jobs and Margins Amid Rising Costs.”, – WRITE: www.fxempire.com

More Information In Our Economic Calendar Expert Views on China’s Service Sector Dr. Wang Zhe, Senior Economist at Caixin Insight Group, Remarked:

“Market Optimism Was Maintained. The Indicator for Expectations of Future Activity Measure Lower What February But Remated In ExpanSionary Territory. Service Providers Were Hope Weser AT Home.

The Market Reaction to the Caixin Services Pmi Financial Markets Responed Swiftly to the PMI Release, Reflection Improving Sentiment Toward China’s Economy.

Before The PMI Data, The Hang Seng Index Droped to a Low of 22,638. However, in Response to the March PMI Report, The Index Briefly Rose to a High of 22,962 Before Retreating To A Post-Report Low of 22,826.

On Thursday, April 3, The Index Was Down 1.44% to 22.869 for the morning session. Concerns About President Trump’s Tariffs Overshadoweded the Upbeat Pmi Report.

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