S & P announced globally, in October, the Hong Kong Procurement Manager Index (PMI) rose to 52.2, the highest in one and a half years, reflecting the improvement of the business environment in the fourth quarter.
Comprehensive Wenhui.com, Hong Kong Economic Daily, and online media "Hong Kong 01" reported that S & P Global (November 5) announced that after the seasonal adjustment of the Hong Kong PMI in October50.0 further rose to 52.2.
S & P global said that benefiting from the rise in mainland China and overseas business, the number of new orders for enterprises has returned to increase, the industry will expand operations, increase procurement, and reserve more inventory.
Pan Jingyi, deputy director of the S & P Global Market Finance and Economic Research, said that PMI data in October showed that the business environment in Hong Kong improved in the fourth quarter.Many operators mentioned the launch of stimulus policies in the mainland, which has brought inspiration to the growth of new orders, including business from the mainland.As the enterprise actively purchases and reserve inventory, it reflects that business operations have begun to be active again.
However, Pan Jingyi pointed out that even if the degree of pessimism has faded to the lowest one year, the business sentiment has not yet turned well; as the cost inflation is heated up, the enterprise continues to digest it, so it must pay attention to profits, so we must pay attention to profits. Therefore, we must pay attention to profits.Whether the pressure will increase.
