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FXI Back In Expansion Territory After HSBC Flash PMI
Monday, June 23, 2014 - 10:29am | 506Read More...ETF Outlook for the Week of June 23, 2014 iShares FTSE/Xinhua China 25 Index ETF (NYSE: FXI) The HSBC Flash PMI for the month of June in China came in at 50.8, up from 49.4 in May. The number was well above expectations of 49.7 and is back into expansion territory. After the number was...
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Chinese Stocks Fall Despite Positive PMI News
Thursday, March 1, 2012 - 12:16pm | 624Read More...Manufacturing activity in China is on the rise according to survey results from the latest Purchasing Managers Index in China. The Purchasing Managers Index (PMI) rose to 51.0 in February, up from 50.5 in January. A score above 50.0 is an indicator of improving economic activity. The official...
