China’s manufacturing sector hits four month high, boosting stocks

By Sophie Chapman
The manufacturing industry in China successfully beat its predicted forecasts in the final months of 2017. According to the Caxin-Markit manufacturing...

The manufacturing industry in China successfully beat its predicted forecasts in the final months of 2017.

According to the Caxin-Markit manufacturing purchasing mangers’ index, Decembers rating was a rapid increase, rising from 50.8 in the previous month to 51.5.

This makes December the fastest growing rate for China’s sector in four months.

Output, new orders, and exports were some of the fastest-paced sales at the end of last year.

SEE ALSO:

In regards to pricing, inflationary pressures continued at the top, with input costs increasing rapidly.

The Hang Seng China Enterprises index of large-cap Chinese companies rose 2.3% following this discovery, according to the Financial Times.

The CSI 300, an index that monitors large company trading in Shanghai and Shenzhen, also climbed 0.8%.

Following information technology stocks rising by 2.6% and financials increasing by 1.7%, the Hang Sang index subsequently increased by 1.5%.

Share

Featured Articles

Future-proof your finance operations with automation

Join Dave Glennon from Eide Bailly & Colin King, CFO at USA Brands, for an on-demand webinar on how to future-proof your finance operations with automation

Giesecke+Devrient on new expectations for car manufacturers

Ralf Schedel leads market development in Giesecke+Devrient’s automotive business. Here, he discusses new expectations for car manufacturers

‘Factories of the Future’ & managing successful supply chain

China Performance Group’s Coral Li & Aurora Zhai discuss digital twins, ‘Factories of the Future’ & successful supply chains

Augury: Aged manufacturing ecosystem vs. tech advancements

Technology

4 ways Industry 4.0 makes factory maintenance easier

Technology

5 minutes with Peter Ross, founder and MD of CP Cases

Lean Manufacturing