Encomium
The pro-democracy protests in Hong Kong over the past several weeks has hurt the country’s private sector, resulting in a fall in activity by its biggest margin in three years, according to a private survey.
The monthly Purchasing Managers’ Index (PMI) in Hong Kong’s private sector compiled by HSBC/Markit fell to 47.7 in October – its biggest fall in operating conditions since September 2011 – from 49.8 the previous month.
