China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' forecast of 51.7 in a Reuters poll.
Asian stocks traded mixed Thursday, with China stocks leading losses as several major markets resumed trading after New Year's Day holiday.for December fell to 50.5, missing economists' forecast of 51.7 in a Reuters poll. PMI came in at 51.5 in November and 50.3 in October.>Sign up for NBC Philadelphia's News Headlines newsletter.
Mainland China's benchmark CSI 300 dipped over 3% lower before narrowing the losses to 2.91%, ending at 3,820.39. The broad market slump on its first trading day in 2025 came despite President Xi Jinping's vow duringTrump tariffs pose a greater threat to South Korea's economy than domestic political chaos, BOK official suggests
Hong Kong's Hang Seng Index lost 2.37% in the final hour of trade. Shares of Sun Art Retail Group plunged over 23%, a day after Chinese e-commerce giantS&P/ASX 200The advance GDP estimates are compiled based mostly on data in the first two months of the quarter and are subject to revision when more data become available,