Intelligence Feed event · Macro · 2026-07-31

    China statistics bureau reports July manufacturing PMI falls back into contraction zone

    Question

    China statistics bureau reports July manufacturing PMI falls back into contraction zone

    Direct answer

    Bearish for China cyclicals in CSI 300 and H-share indices (HSCEI), mildly negative for CNH and industrial metals demand, and supportive of expectations for further PBOC easing or fiscal support.

    Original publisher
    Market Ontology
    Evidence through
    2026-07-31
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “China statistics bureau reports July manufacturing PMI falls back into contraction zone”, revision 1, evidence through 2026-07-31. https://marketontology.com/market-events/2026-07-31/china-statistics-bureau-reports-july-manufacturing-pmi-falls-back-into-contracti-23f033

    MACRO
    China statistics bureau reports July manufacturing PMI falls back into contraction zone
    Bearish for China cyclicals in CSI 300 and H-share indices (HSCEI), mildly negative for CNH and industrial metals demand, and supportive of expectations for further PBOC easing or fiscal support.
    CSI300HSCEIUSDCNHSHFE_CU
    Impact
    80
    JUL 31
    SIG
    CSI300HSCEIUSDCNH
    China statistics bureau reports July manufacturing PMI falls back into contraction zone
    Bearish for China cyclicals in CSI 300 and H-share indices (HSCEI), mildly negative for CNH and industrial metals demand, and supportive of expectations for further PBOC easing or fiscal support.
    Impact
    Bearish for China cyclicals in CSI 300 and H-share indices (HSCEI), mildly negative for CNH and industrial metals demand, and supportive of expectations for further PBOC easing or fiscal support.
    Affected
    CSI300HSCEIUSDCNHSHFE_CU
    Source facts

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    What happened next

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    Sources

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