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Hong Kong Stocks Rebound Strongly as Turnover Surges to HK$180 Billion

Hong Kong Stocks Rebound Strongly as Turnover Surges to HK$180 Billion
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China's Deflationary Spiral Bumps Up FX Risk Aversion

In stark contrast to the recent findings of China’s manufacturing sector survey done by China Beige Book, a US-based data provider that has indicated a rebound in manufacturing activities in May from April, the latest data released today on the official NBS Manufacturing PMI as well as the Non-Manufacturing PMI have showed another month of contraction and growth slowdown in May. ....

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