Reuters logo
China shares end down despite strong manufacturing activity
August 1, 2014 / 7:07 AM / 3 years ago

China shares end down despite strong manufacturing activity

HONG KONG, Aug 1 (Reuters) - China shares fell in late action on Friday as investors braced for more volatility in global markets ahead of U.S. jobs data.

Markets had earlier gained on a surprisingly strong pick-up in manufacturing activity on the mainland that helped Chinese indexes hold at seven-month highs.

The Shanghai Composite Index ended a choppy session down 0.7 percent at 2,185.30 points. The CSI300 of the leading Shanghai and Shenzhen A-share listings fell 0.9 percent.

On the week, they were up 2.8 and 3.1 percent, respectively.

China’s factories posted their strongest growth in at least 1-1/2 years in July as new orders surged to multi-month highs, two purchasing managers’ index (PMI) readings showed on Friday. (Reporting by Donny Kwok; Editing by Jacqueline Wong)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below