China factory activity grows for 2nd month; services PMI unexpectedly falls in November

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Dec. 02, 2024 2:11 AM ETFXI, PGJ, EWH, CAF, USD, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, KUREBy: Meghavi Singh, SA News Editor
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Igor Kutyaev

  • China’s official NBS Manufacturing PMI rose to 50.3 in November 2024 from 50.1 in October, aligning with market consensus and marking the highest reading since April, marking the second straight month of increase in factory activity following a series of support measures


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