HSBC Holdings
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India's final manufacturing PMI for August registered 52.8, missing the consensus forecast of 53.0. The data, compiled by HSBC and S&P Global, still shows expansion but at a slightly slower pace than anticipated.
macro · Impact 10India's HSBC composite PMI for August was 54.6, above the prior month's 54.3, signaling continued expansion.
macro · Impact 20India August composite flash PMI beats forecast at 54.6.
macro · Impact 20The HSBC India services flash PMI for August came in at 54.5, above the forecast of 53.7. The reading indicates continued expansion in the services sector. The data is from an unverified source and subject to revision.
macro · Impact 20HSBC lifts South Korea market to overweight.
analyst action · Impact 30RBC lifts HSBC target price to 1375p from 1275p.
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