China's manufacturing PMI at 13-month high amid robust demand

seekingalpha04-01

The manufacturing sector in China continued its expansion in March 2024, with the Caixin China General Manufacturing PMI rising to 51.1 from 50.9 in the previous month, boosted by higher new orders ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2424755701?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322520591/image_1322520591.jpg","is_english":true,"pubTime":"2024-04-01 13:25","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2424755701","market":"hk","top_or_hot":-1,"title":"China's manufacturing PMI at 13-month high amid robust demand","media":"seekingalpha","content":"<div>\n<p>The manufacturing sector in China continued its expansion in March 2024, with the Caixin China General Manufacturing PMI rising to 51.1 from 50.9 in the previous month, boosted by higher new orders ...</p>\n\n<a href=\"https://seekingalpha.com/news/4085390-chinas-manufacturing-pmi-at-13-month-high-amid-robust-demand\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's manufacturing PMI at 13-month high amid robust demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's manufacturing PMI at 13-month high amid robust demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-01 13:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4085390-chinas-manufacturing-pmi-at-13-month-high-amid-robust-demand><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The manufacturing sector in China continued its expansion in March 2024, with the Caixin China General Manufacturing PMI rising to 51.1 from 50.9 in the previous month, boosted by higher new orders ...</p>\n\n<a href=\"https://seekingalpha.com/news/4085390-chinas-manufacturing-pmi-at-13-month-high-amid-robust-demand\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4504","symbol_name":"桥水持仓","start_time":0,"source_url":"https://seekingalpha.com/news/4085390-chinas-manufacturing-pmi-at-13-month-high-amid-robust-demand","article_id":"2424755701","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322520591/image_1322520591.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2424755701","pubTimestamp":1711949100,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"The manufacturing sector in China continued its expansion in March 2024, with the Caixin China General Manufacturing PMI rising to 51.1 from 50.9 in the previous month, boosted by higher new orders fr","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4504":"桥水持仓","EWH":"香港ETF-iShares MSCI","CQQQ":"中国科技指数ETF-Guggenheim","KURE":"KraneShares MSCI All China Health Care Index ETF","MCHI":"中国ETF-iShares MSCI","PGJ":"中国ETF-PowerShares Gldn Drago","YINN":"三倍做多富时中国ETF-Direxion","KWEB":"中国海外互联网ETF-KraneShares","CHIQ":"中国消费者指数ETF-Global X","FXI":"中国大盘股ETF-iShares","KBA":"KraneShares Bosera MSCI China A 50 Connect Index ETF","CWEB":"两倍做多沪深中国互联网股票ETF-Direxion","BK4585":"ETF&股票定投概念","BK7062":"资产管理与托管银行","CHIX":"中国金融指数ETF-Global X","CXSE":"WisdomTree China ex-State-Owned Enterprises Fund","ASHR":"德银沪深300指数ETF","BK4588":"碎股","CAF.AU":"CENTREPOINT ALLIANCE LTD","TDF":"Templeton Dragon Fund Inc","GXC":"中国ETF-SPDR S&P","YANG":"三倍做空富时中国ETF-Direxion","CAF":"摩根史坦利中国A股指数基金"},"translate_title":"需求强劲，中国制造业采购经理人指数创13个月新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CXSE":1,"YINN":1,"YANG":1,"TDF":1,"PGJ":1,"MCHI":1,"KWEB":1,"KURE":1,"KBA":1,"GXC":1,"FXI":1,"EWH":1,"ASHR":1,"CWEB":1,"CQQQ":1,"CHIX":1,"CHIQ":1,"CAF.AU":1,"CAF":1},"content_text":"The manufacturing sector in China continued its expansion in March 2024, with the Caixin China General Manufacturing PMI rising to 51.1 from 50.9 in the previous month, boosted by higher new orders from domestic and abroad. Meanwhile, employment levels declined again in March. The labor market remained contracted despite the expansion of supply and demand.  Overall optimism among Chinese manufacturers improved for a third straight month in March. Firms pinned hopes of rising manufacturing activity upon a better economic outlook. The level of business confidence was the highest seen since April 2023. \"Both supply and demand expanded at a faster pace amid the market upturn. In March, growth in manufacturers’ output and total new orders accelerated, with the former hitting a 10-month high. External demand also picked up pace thanks to the recovery in the global economy, pushing the gauge for new export orders to its highest level since February 2023,\" said Wang Zhe, Senior Economist at Caixin Insight Group. \"Supplier delivery times were shortened due to a quick recovery in logistics, which had been affected by poor weather conditions in some regions, bringing the corresponding gauge back to expansion. Meanwhile, following the market upturn, manufacturers were more willing to increase their purchases, while the gauge for raw material inventories recorded its highest level since November 2020,\" he added. ETFs: (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE), (CHIX).  Currency: (CNY:USD)  More on China  China Industrial Profits swing to growth in Jan-Feb China’s Jan-Feb retail sales rose 5.5%, industrial production up 7.0% exceeds forecasts China property crisis: Minister says 'seriously insolvent' firms must go bankrupt China Might Not Be A Paper Dragon In 2024 Chinese banks approve $17B of loans for 'white list' real estate projects","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2424755701"}