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Chinese stocks rise as manufacturing gathers pace

6:14 AM, Sep 23, 2013   |    comments
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BANGKOK (AP) - Mainland Chinese stocks edged up Monday after a survey showed manufacturing in the world's No.2 economy rose to a six-month high last month. Stock markets were subdued elsewhere in Asia.

A survey by HSBC Corp., released Monday, showed factory output in China for September grew at its fastest rate in six months.

A powerful storm forced Hong Kong markets to shutter while Japan's stock market was closed for a public holiday.

Other Asian stocks were mixed.

Benchmark crude oil fell slightly and remained under $105 per barrel. The dollar gained slightly against the euro and fell against the yen.






Associated Press

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