Chinese shares tumble over PMI data
BEIJING -- Chinese shares plunged on Tuesday after data from the HSBC suggest 皇冠体育app's manufacturing activity slowed in April.
The benchmark Shanghai Composite Index shed 2.57 percent, or 57.63 points, to end at 2,184.54, and the Shenzhen Component Index slumped 2.92 percent, or 264.48 points, to 8,793.13.
The preliminary figure for 皇冠体育app's purchasing managers index for manufacturing sector stood at 50.5 in April, compared to March's final reading of 51.6, the HSBC Holdings says on Tuesday.
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