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HSBC's preliminary or "flash" reading of its China manufacturing Purchasing Managers' Index (PMI) for August declined to 47.8. That was a nine-month low, as well as a drop from July's final ...
ISM's Purchasing Managers Index 1948–2012. Purchasing managers' indexes (PMI) are economic indicators derived from monthly surveys of private sector companies.. The three principal producers of PMIs are S&P Global (from 2022 merger with IHS Markit), which produces PMIs for over 30 countries worldwide and developed the first service sector PMIs, and the Institute for Supply Management (ISM ...
Speaking at the Bloomberg New Economy forum in Singapore on Wednesday, Quinn said the head of one of HSBC’s units had recently reported a 70% jump “in activity in helping Chinese clients ...
New China PMI data from HSBC show that manufacturing in the People's Republic has dropped back to levels last measured during the global recession. The numbers are an indication that China's GDP ...
HSBC Holdings plc (Chinese: 滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
In mainland China, HSBC has the largest services network among foreign banks. The bank offers a full range of services that cater to both middle-class individuals (Premier Banking Service) and to business-oriented individuals as well, from a robust network of 37 main branches, and 23 smaller branches, also known as sub-branches (支行) in Chinese.
Shenzhen-based HSBC Qianhai Securities, run in conjunction with a local government investment vehicle holding 49 percent, began operating a year ago offering equity and debt underwriting, research ...
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