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Hong Kong Private-Sector PMI Returns to Expansion at 50.2 in October

Hong Kong's S&P Global private-sector purchasing managers' index rose to 50.2 in October 2026 from 49.2 in September, returning just above the 50 threshold separating expansion from contraction. Reporting on 4 November said new orders improved after two months of decline, including stronger orders from mainland China, while the pace of job cuts eased. However, business confidence for the year ahead reportedly fell to its lowest level in more than six years and input-PriceThe most recent agreement between a buyer and a seller. It is not a prediction; it is the market’s latest handshake.Read More pressure intensified. This is a Hong Kong private-sector survey, not China's mainland manufacturing PMI.

Hong Kong's private-sector business activity returned to modest growth in October 2026, with the S&P Global PMI rising to 50.2 from 49.2 in September. New orders improved following two months of contraction, supported by stronger DemandHow much buyers want at a given price. Stronger demand can make buyers compete with higher offers.Read More from mainland China, while employment reductions slowed. However, business confidence dropped to its lowest level in more than six years as rising input costs continued to pressure companies. The results suggest a fragile economic recovery despite improving near-term business conditions.

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