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HK Mar S&P PMI Drops to 49.3, 1st Contraction in 7 Mths
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Hong Kong's Purchasing Managers' Index (PMI) fell to 49.3 in March from the previous 35-month high of 53.3 after seasonal adjustment, indicating that business conditions returned to contraction territory, according to S&P Global. Modest as it was, this decline marked the first deterioration since August 2025. Because of the Middle East conflict, market demand was damaged, and both output and new businesses shrank at the same time, resulting in a deterioration in Hong Kong's business sentiment in March. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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