The S&P Global Hong Kong May PMI rose to 49, but has fallen into contraction territory for four consecutive months.
According to the Wisdom Financial APP, the Standard & Poor's Global announced that after seasonal adjustment, the May Purchasing Managers' Index (PMI) in Hong Kong rose from 48.3 in April to 49, indicating that the deterioration of the business environment is the smallest in three months, but it has been in the contraction zone for four consecutive months.
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