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Australia shares drop 2 pct to one-month low after flash China PMI

SYDNEY, May 23 - Australian shares fell 2.0 percent on Thursday, the worst daily loss in more than two months, after release of a weak manufacturing survey about China.

UPDATE 1-Sinopec Engineering debut fizzles, casting doubt on Hong Kong IPO recovery

* Sinopec trades flat to lower in debut after opening higher

Industrials, Financials 1:03am EDT

COLUMN-Peak in Australian commodity investment boom is a good thing: Clyde Russell

--Clyde Russell is a Reuters market analyst. The views expressed are his own.--

UPDATE 1-Brent weakens towards $102 on gloomy China data, strong dollar

* Coming Up: Euro zone PMI; 0758 GMT (Adds quote, details)

12:47am EDT
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