Hong Kong PMI Signals Private-Sector Rebound, But Wary Mood Persists -- Market Talk

Dow Jones

12/03

1001 GMT - Hong Kong's latest PMI indicates a strong rebound in private-sector activity, but no upturn in firms' outlook for the year ahead. S&P Global's headline PMI reading for November signals the strongest improvement in operating conditions since March 2023 as both output and new orders grew. Demand conditions strengthened at home and abroad, with overall new orders rising at the steepest rate since April 2023, says Usamah Bhatti at S&P Global Market Intelligence. Export sales grew for the first time in 13 months. Business expectations remain downbeat, however, despite pessimism moderating from October, he adds. Firms cited concerns regarding the economic outlook, geopolitical tensions and higher trade barriers.(jason.chau@wsj.com)

(END) Dow Jones Newswires

December 03, 2025 05:02 ET (10:02 GMT)

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S&amp;P Global's headline PMI reading for November signals the strongest improvement in operating conditions since March 2023 as both output and new orders grew. Demand conditions strengthened at home and abroad, with overall new orders rising at the steepest rate since April 2023, says Usamah Bhatti at S&amp;P Global Market Intelligence. Export sales grew for the first time in 13 months. Business expectations remain downbeat, however, despite pessimism moderating from October, he adds. Firms cited concerns regarding the economic outlook, geopolitical tensions and higher trade barriers.(jason.chau@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 03, 2025 05:02 ET (10:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong PMI Signals Private-Sector Rebound, But Wary Mood Persists -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong PMI Signals Private-Sector Rebound, But Wary Mood Persists -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-12-03 18:02</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1001 GMT - Hong Kong's latest PMI indicates a strong rebound in private-sector activity, but no upturn in firms' outlook for the year ahead. S&amp;P Global's headline PMI reading for November signals the strongest improvement in operating conditions since March 2023 as both output and new orders grew. Demand conditions strengthened at home and abroad, with overall new orders rising at the steepest rate since April 2023, says Usamah Bhatti at S&amp;P Global Market Intelligence. Export sales grew for the first time in 13 months. Business expectations remain downbeat, however, despite pessimism moderating from October, he adds. Firms cited concerns regarding the economic outlook, geopolitical tensions and higher trade barriers.(jason.chau@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 03, 2025 05:02 ET (10:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0426417589.USD","symbol_name":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2588732012","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588732012","pubTimestamp":1764756120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1001 GMT - Hong Kong's latest PMI indicates a strong rebound in private-sector activity, but no upturn in firms' outlook for the year ahead. 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S&P Global's headline PMI reading for November signals the strongest improvement in operating conditions since March 2023 as both output and new orders grew. Demand conditions strengthened at home and abroad, with overall new orders rising at the steepest rate since April 2023, says Usamah Bhatti at S&P Global Market Intelligence. Export sales grew for the first time in 13 months. Business expectations remain downbeat, however, despite pessimism moderating from October, he adds. Firms cited concerns regarding the economic outlook, geopolitical tensions and higher trade barriers.(jason.chau@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 03, 2025 05:02 ET (10:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}