Wed, 23 Sep 2015 08:56:06 GMT
Asian stocks tumble on disappointing China PMI
Equity markets slid deeper into the red on Wednesday after a factory gauge in China shrank more than expected, adding to worries over slowdown in the world's second biggest economy. The PMI measure fell from 47.3 in August to a preliminary 47.0 in September. The Shanghai Composite slumped 2.16%, while Hong Kong's benchmark Hang Seng dropped 2.33%. Elsewhere, the Australian